May 2, 2024

PRESS RELEASE – Descon Group Australia placed into Liquidation

Descon Group Australia Pty Ltd (In Liquidation) (the Company) was placed in Liquidation by the Supreme Court of Queensland on 1 May 2024 with Terry Rose of SV Partners Brisbane appointed Liquidator.

The SV Partners team are working through the initial stages of the appointment and conducting urgent due diligence of the Company’s assets and liabilities and will be communicating to all known stakeholders shortly.

The Liquidator has no comment at this stage and may make statements from time to time regarding the Company, however, all media enquiries can be directed to the SV Partners media team at media@svp.com.au or on 07 3310 2000.

For any queries from creditors including sub-contractors, employees and any other queries relating to the liquidation generally, please contact Andrew Potts on 07 3310 2000 or at andrew.potts@svp.com.au.

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