Subbies succeed in securing new Teak liquidator
Teak Construction sub-contractors voted to replace the shareholder-appointed liquidator with BDO today.
Teak moved into liquidation earlier this month with the loss of 20 jobs.
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A majority block of subcontractors in failed construction company Teak Construction and its entities has managed to push out the shareholder-appointed PKF Corporate Recovery by majority vote.
The postal ballot saw an "overwhelming" vote in favour of appointing BDO liquidators Iain Shephard and Rees
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