Probuild's South African parent company has pulled financial backing for its Australian operations That decision resulted in the directors of the Australian building companies placing them into ...
Deloitte has been appointed as administrators to handle the many businesses folding, which are part of the WBHO Australia Group, while 750 employees and thousands of contractors are also impacted, ...
On Thursday, South African corporation WBHO confirmed it was entering voluntary administration. It acts as the parent company for Probuild as well as 18 other building businesses, prompting thousands ...
The owners of major construction company ProBuild have admitted the business firm should have been shut down years ago after the troubled firm collapsed while owing $14million to workers. The chief ...
The stoppage of work at a luxury apartment project in Brisbane's CBD after the collapse of construction giant Probuild is "devastating" for the workers and their families, the union representing ...
Add articles to your saved list and come back to them any time. Low margins, cost blowouts, a supply chain crunch and rising prices contributed to Probuild’s collapse. Clearly the risks and ...
ProBuild supplies lumber and building materials to professional builders and contractors. ProBuild currently operates more than 400 lumber and building product distributions, manufacturing and ...
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Probuild enters voluntary administration as industry disruptions strain the construction company Deloitte has been called in to try and turn the company around With more than $5 billion in outstanding ...
If you want to understand the collapse of construction giant Probuild, just follow the money. As Johannesburg-listed parent company Wilson Bayly Holmes-Ovcon said in its statement announcing it had ...
WILLMAR -- The name of United Building Centers retail store, located on Highway 12 East in Willmar, has been changed to ProBuild. UBC and its sister divisions were acquired by ProBuild in the early ...
Add articles to your saved list and come back to them any time. Nearly $5 billion in construction work is under a cloud after tradies packed up tools at building giant Probuild’s sites around the ...
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