Adcorp places Australian subsidiary in administration | Business

News24 Business front pageAdcorp has placed it subsidiary, allaboutXpert Australia , in voluntary administration, following"considerable losses on contracts" at the company.

On Wednesday, the group said that aaX suffered"considerable losses" on contracts which required extensive investment to remediate. Glenn Livingstone and Alan Walker of WLP Restructuring have been appointed as joined administrators to aaX.

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