Troubled contractor Greatearth files to wind up company, a week after shock BTO sites closures
- Posted by: vitu
- Categories: Asia, Singapore
SINGAPORE – Troubled construction company Greatearth has started the process of winding up, a week after their shock closure of five Build-To-Order (BTO) project sites which caused more than 2,900 home buyers to face longer delays.
Mr Goh Eng Hwee, the director of Greatearth Corporation and Greatearth Construction has filed a statutory declaration of the company’s inability to continue business.
Professional services firm PwC has been appointed as provisional liquidators for the companies on Friday (Sept 3).