|Appointment type:||Creditors’ Voluntary Liquidation|
|Appointment date:||8 December 2008|
|ACN:||096 562 266|
|Appointee(s):||Gary Doran and John Greig|
Tel: +61 8 9365 7281
Sagecorp Securities Pty Ltd (Sagecorp or the Company) was incorporated in Western Australia on 19 April 2001. The Company had ceased trading in approximately January 2008.
Sagecorp was a financial planning organisation with a business model that was essentially to act as an Australian Financial Services Licence holder which would provide certain services to financial advisers under the Sagecorp banner in return for management fees (in the form of commissions received and an annual fee).
The liquidation arose as a result of claims against the Company relating to advice by one of Sagecorp’s advisors, Quentin Ward, to invest in shares in the Firepower Group (Firepower).
|Report to creditors
23 February 2011
|Report pursuant to S508
5 March 2010