Silver Heritage shareholders pass resolutions on share issues

Silver Heritage shareholders have passed three key resolutions at a special shareholder meeting, including the issue of new shares to Hatch Asia and secured creditors.

Results of general meeting (Company filing)

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HatchAsia signs SVH takeover deed

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Silver Heritage reportedly lays off Tiger Palace staff

Troubled Australia-listed operator Silver Heritage Group has reportedly laid off about 400 staff at its Tiger Palace Bhairahawa in Nepal, according to a report in The Himalayan Times. The report asserts that management sent mail on September 9 informing the relevant staff members that their two-year contracts had been terminated and that they would not […]

HatchAsia offers to take over Silver Heritage

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Receivers and managers appointed for Silver Heritage

In an announcement to the Australian Securities Exchange on Wednesday, it was announced that John Park and Joseph Hansell of FTI Consulting have been appointed as receivers and managers of Silver Heritage Group Limited. This follows the appointment of Ryan Eagle and Amanda Coneyworth of KPMG as voluntary administrators two days earlier. According to the […]

Silver Heritage enters into voluntary administration

Australia-listed Silver Heritage Group has announced it has entered into voluntary administration as of Monday 18th May. According to the company’s announcement to the ASX, the board of directors has appointed Ryan Eagle and Amanda Coneyworth of KPMG as administrators of the company. Silver Heritage said it had been exploring options to generate liquidity even […]