Southland company X Factor Shearing has been put into liquidation owing $553,654 to unsecured creditors. The company was placed into liquidation in the High Court at Invercargill on July 1, and KPMG released the first liquidators report on July 23. Riversdale-based Hugh and Marion Kidd are the directors of X Factor Shearing, but their son Roger Kidd is in control of the company, the liquidator’s report says. The report says associated entities of the company include Southland Wide Shearing Ltd and Hokonui Shearing Ltd that have both been removed from the companies office register. Roger was the sole director of Southland Wide Shearing, from its incorporation in June 2006 to when it ceased trading in October 2012.

Source: Stuff August 03, 2021 05:59 UTC