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Cyprus Capital faces ASIC court action amid shareholder backlash
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Cyprus Capital faces ASIC court action amid shareholder backlash
The Australian Securities and Investments Commission (ASIC) has issued a Court Attendance Notice to Cyprus Capital Ltd, a company linked to the ongoing administration of the Cyprus Community of NSW Ltd, for allegedly failing to lodge its annual financial reports for the 2023 and 2024 financial years. The matter has been listed in the Downing Centre Local Court as a criminal proceeding under the Corporations Act 2001 (Cth). ASIC alleges the compa…
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