Clifford Corporation was a listed Australian company that purchased several bus manufacturing businesses in the mid-1990s before collapsing in November 1998.
| Company type | Public |
|---|---|
| ASX: CCN | |
| Defunct | November 1998 |
| Fate | Administration, receivership and liquidation; Some divisions bought out; Directors jailed and bankrupted |
| Headquarters | Australia |
| Products | Bus manufacturer |
| Subsidiaries | Ansair Austral Denning PMC Australia Saydair seats |
History
editIn August 1995 Clifford Corporation purchased the Ansair bus bodybuilding business from Ansett Transport Industries.[1] That was followed by the Austral Pacific Group, which comprised the Austral Denning and PMC Australia businesses.
The business collapsed in November 1998 with several of the company's office holders prosecuted.[2][3][4]
References
edit- ^ "Bodybuilders" Fleetline September 1995 page 159
- ^ "The Austral Pacific Collapse", Australian Bus Panorama, April 1999, issue 14/5, page 17.
- ^ Australian Securities & Investments Commission (9 September 2005). "05-270 Former director of Clifford Corporation jailed for insider trading". Archived from the original on 13 February 2014.
- ^ Australian Securities & Investments Commission (13 September 2005). "05-275 Former director of Clifford Corporation jailed". Archived from the original on 13 February 2014.