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SGI Faces $10M Penalty as Subsidiary Restructures Under DOCA
7:02pm on Friday 4th of July, 2025 AEST
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SGI Faces $10M Penalty as Subsidiary Restructures Under DOCA
7:02pm on Friday 4th of July, 2025 AEST
Key Points
Federal Court imposes $10 million penalty on SGI for unconscionable conduct
Site Institute Pty Ltd creditors approve Deed of Company Arrangement
SGI sells shares in Site Institute and Saudi-based Site Group LLC
SGI holds 38.49% stake in Philippine property developer under valuation review
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SITE GROUP INTERNATIONAL (ASX:SIT)
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