Market Alert: ASX200 at Critical Support – Reversal or Further Fall?

Site Group International Limited Enters Voluntary Administration

Mar 06, 2025

Site Group International Limited (ASX: SIT) has entered voluntary administration as of March 5, 2025. The company has appointed Adam Peter Kersey and David Michael Stimpson of SV Partners as joint administrators to assess its business operations and financial position. During this period, the company’s listed securities will remain suspended. The administrators are conducting a thorough evaluation to determine the future course of action for the company and its subsidiaries. Shareholders and investors have been advised to refer to ASIC’s insolvency resources for further guidance. This development marks a crucial phase for Site Group International as it navigates financial restructuring and potential recovery.

 

 

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