Published 2 days ago • loading... • Updated 2 days ago

Channelnews : Former Mwave Creditors Revealed, How Did They Go From Profitable Company To Collapsing?

Serious questions are being asked as to how Esel Pty Ltd the former owner of Sydney based technology retailer Mwave that is now owned by Digi Direct, went from being a highly profitable business to suddenly collapsing owning creditors over $18 million. Creditors are questioning the appointment of administrators, the sale to DigiDirect and the...

This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

2 Articles

All

Left

Center

Right

channelnews.com.au

channelnews : Former Mwave Creditors Revealed, How Did They Go From Profitable Company To Collapsing?

2 days ago

Read Full Article

ARN

Mwave owed $18M to creditors

Administrators from dVT Group for online IT retailer Esel, trading as Mwave, have outlined the company’s financial and operational position with secured and unsecured creditors owed $18 million.

2 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Stories disproportionately reported by the Left or the Right