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Centex and Agriflex Propose $8.2M DOCA with PRL Takeover; Creditors Urged to Approve
7:03pm on Thursday 24th of July, 2025 AEST
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Centex and Agriflex Propose $8.2M DOCA with PRL Takeover; Creditors Urged to Approve
7:03pm on Thursday 24th of July, 2025 AEST
Key Points
Centex and Agriflex entered voluntary administration in March 2025
PRL Global Limited proposes $8.2 million DOCA and takeover of Centrex shares
Administrators found potential insolvent trading from September 2024
Creditors' meetings adjourned to finalize DOCA terms and court approval
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