The owner of failed boutique builder Modco Residential tried to sell off her designer goods online just a few months before her company collapsed. Perth entrepreneur Cynthia Lu took to Facebook Marketplace in April in an attempt to sell a number of her luxurious goods, three months before her businessContinue Reading
A Gold Coast construction company responsible for the building of hundreds of apartments has collapsed into administration. GCB Constructions entered administration on Wednesday, just one day after it had its building licence suspended. The Queensland Building and Construction Commission (QBCC) suspended the company’s licence after it allegedly failed to payContinue Reading
A prominent Western Australian builder has issued an emotional statement as his company enters voluntary administration. Modco Residential, a construction company founded by glamour couple Cynthia Lu and Yusuf Khan, has appointed Perth-based firm GTS Advisory to assist in navigating its unfolding collapse. Director Damien Clancy apologises that the company,Continue Reading