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Wednesday, 05/08/2024 9:09:50 PM

Wednesday, May 08, 2024 9:09:50 PM

Post# of 909
ASX-listed Rectifier Technologies claims $25m debt from collapsed Tritium
8 May 2024
https://www.businessnewsaustralia.com/articles/asx-listed-rectifier-technologies-claims--25m-debt-from-collapsed-tritium.html

According to the first meeting of creditors for Tritium held at the start of this month, Rectifier-affiliated companies Rectifier Technologies Pacific Pty Ltd and Rectifier Technologies Singapore Pte Ltd claimed they were owed $5.23 million and $19.4 million respectively.

Other major creditors to Tritium include Sunset Power as a trustee for the St Baker Family Trust which is claiming $65 million, CBA Corporate Services NSW which is claiming $199.5 million, and GPT Newcastle Development which is claiming $11.8 million, alongside others such as Flextronics Industrial ($13 million), Jiyuan Co ($2.7 million), Syskim International ($1.2 million), Venture Electronics Services Malaysia ($4.4 million) and Click International Hong Kong ($1.3 million).

A second meeting of creditors is due to be held on or before 27 May, unless the court extends the date.