Administrators have been given an extension of JUST OVER A MONTH to hold a meeting – crucial to discovering the fate of collapsed Canberra Construction firm P.B.S. Building.
Creditors met in Canberra last week for a meeting, but the administrator called for an adjournment.
In total, 24 active worksite in the A.C.T. Aswell as New South Wales and Queensland – were brought to a standstill.
The delay means a decision on the company’s future may not be known until early September.
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