fbpx
6.9 C
Sydney
Monday, July 22, 2024

Buy now

  • 9 MYTHS
  • TANDEM VU
  • AX PRO
HomeSecurityAlarm SystemsCourt Orders Milestone’s Application Against Hills Dismissed

Court Orders Milestone’s Application Against Hills Dismissed

HILLS Limited reports that the application by Milestone Systems A/S to wind up the company has been dismissed by the court and Milestone has notified the Australian Securities & Investments Commission of the court order.

The dispute between the companies centres around an amount of $A56K stemming from a previous distribution agreement between them.

“Given the quantum of the dispute, the application was unwarranted,” said Hills CEO and managing director, David Lenz.

“We are focused on continuing to deliver improvements in our business and implementing strategies that will deliver the best outcomes for our customers, vendors, shareholders and staff.”

Click to Bookmark Post
Post Bookmarked

AUTHOR

SEN News
SEN Newshttps://sen.news
Security & Electronics Networks - Leading the Security Industry with News and Latest Events. Providing information and pre-release updates on the latest tech and bringing it all to you daily. SEN News has been in print for over 20 years and has grown strong as a worldwide resource in digital media.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related Articles

TODAYS WEATHER

6.9 C
Sydney
4.3 C
Canberra
19.9 C
Darwin
11.7 C
Hobart
16.3 C
Perth
7.8 C
Brisbane
11.3 C
Auckland
32.6 C
Melbourne

RECOMMENDED

- Advertisement -

POLL

RECOMMENDED