Insolvency News can report the Company WATMARINE ENGINEERING CREDITORS TRUST with ABN: 000 000 000 has received a notice of (NOTICE OF INTENTION TO DECLARE DIVIDEND). This notice was published on the 10 September 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
Company: WATMARINE ENGINEERING CREDITORS TRUST
Acn: 000 000 000
Status: Subject to a Deed of Company Arrangement
Dividend
I will declare a second and final dividend on 10 November 2025 for the Company.
Creditors whose debts or claims have not already been admitted are required on or before 01 October 2025 formally to prove their debts or claims. If they do not, they will be excluded from the benefit of the dividend.
Date Of Notice: 10 September 2025
Jeremy Joseph Nipps
Joint Deed Administrator
Thomas Donald Birch
Joint Appointees
| Address | Cor CordisMezzanine Level28 The EsplanadePERTH WA 6000 |
| Contact person | Cor Cordis |
| Contact number | 08 6220 3500 |
| watmarine@corcordis.com.au |
