Kwg Townshend No.1 Holdings Pty Limited – Notice Of Intention To Declare Dividend – 25 June 2025

Insolvency News can report the Company KWG Townshend No.1 Holdings Pty Limited with ABN: 619 307 363 has received a notice of (NOTICE OF INTENTION TO DECLARE DIVIDEND). This notice was published on the 25 June 2025.

What this notice means:

Explanation: The liquidator plans to distribute funds to creditors or shareholders. Creditors must submit verified claims to be included in the payout and dividend.

Implications: Provides creditors with partial repayment but often signals the nearing conclusion of the liquidation process.

Details of this notice are as follows:

NOTICE OF INTENTION TO DECLARE DIVIDEND

Company details

Dividend

I will declare a first and final dividend on 17 July 2025 for the Company.

Creditors whose debts or claims have not already been admitted are required on or before 16 July 2025 formally to prove their debts or claims. If they do not, they will be excluded from the benefit of the dividend.