Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

ICON: “Administrators Appointed” Sounds

ICON: “Administrators Appointed” Sounds, Games Plus and Blockbuster Stores Re-open

The Voluntary Administrators of Icon Digital Entertainment today announced that on Saturday 24 November they re-opened 14 Sounds, 4 Games Plus and all 7 Icon owned Blockbuster stores for business. Please refer to the information on the BDO Spicers website for the locations.

Stephen Tubbs of BDO Spicers said that the Administrators had met with all major known creditors of the company and were working with those creditors in an attempt to maintain the core elements of the business with a view to selling it as a going concern.

“We have already received more than a dozen enquiries regarding all or part of the business and would be advertising nationally for expressions of interest in the next few days.

“We have also received many enquiries from holders of Reward Cards and Gift Vouchers. While the Administrators cannot redeem Reward Cards and Gift Vouchers at this time, the Administrators are exploring all opportunities for sale of the business and the Administrators expect to be able to make a further announcement on these in the next two weeks,” he said

The Administrators are also grateful for the loyalty and understanding shown by the Icon staff who have assisted the Administrators and customers through this difficult period.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


Government: David McLean Appointed As KiwiRail Chair

David McLean has been appointed as Chair of KiwiRail Holdings Ltd, the Minister for State Owned Enterprises Dr David Clark and Minister of Finance Grant Robertson announced today... More>>


Dairy NZ: ‘More Milk From Fewer Cows’ Trend Continues In A Record Year
Vodafone says it has 10,000 customers using its Wi-Fi Calling service. It took less than three months to reach that milestone; the service began operating in September... More>>

Statistics: Consents Remain At Record Levels
There were 47,715 new homes consented in the year ended October 2021, up 26 percent compared with the year ended October 2020, Stats NZ said today. "The year ended October 2021 marks another record for the annual number of new homes consented,” construction statistics manager Michael Heslop said... More>>



Fonterra: Lifts Forecast Farmgate Milk Price Range And Revises Earnings Guidance At First Quarter Update

Fonterra Co-operative Group today lifted its 2021/22 forecast Farmgate Milk Price range, reported a solid start to the 2022 financial year and revised its earnings guidance... More>>


Canterbury Museum: New Research - Bald Haast's Eagle Feasted On Moa Guts

New Zealand’s extinct Haast’s Eagle (Hieraaetus moorei), the largest known eagle, gulped down viscera like a vulture and may even have been bald, new research suggests... More>>

ABC Business Sales: Demand High For Covid-proof Businesses
Despite the continuing challenges facing businesses in this Covid environment, right now there are more buyers looking for a small-medium sized business than there are sellers in the market... More>>


PriceSpy: Producer Prices Increase
New Black Friday and Covid-19 Report* released by PriceSpy says people’s fear of stepping inside physical shops during big sales events like Black Friday has risen since last year; Kiwis are still planning to shop, but more than ever will do it online this year... More>>