Leading Melbourne sign business Signex will be wound up after suffering a devastating loss of business during prolonged Covid lockdowns across the city.
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| (photo courtesy Signex Group) |
“Notice is given that at a general meeting of the members of the company held on 15 February 2022, it was resolved that the company [DLP MANAGEMENT PTY LTD - trading name: SIGNEX GROUP AND PROLOGICA DIGITAL PRINT] be wound up and that Stephen Dixon and Leigh Dudman be appointed liquidator(s),” said a brief notice on the ASIC website.
The creditors’ meeting on Tuesday had been called to consider whether there was any way forward for Signex and Prologica Digital Print under its existing Deed of Company Arrangement (DOCA).
Bayswater-based Signex and Prologica entered voluntary administration in November 2020 after losing over $1 million worth of work following the Covid-related cancellation of major events including the Grand Prix, the Melbourne International Flower and Garden Show and several golf tournaments.
The contract cancellations followed the company losing $350,000 after two prominent Melbourne printing companies went into liquidation and a sports promoter failed to meet commitments.
Signex continued to struggle in 2021 as Melbourne broke a global record for the amount of time spent in Covid-related lockdowns.
Signex Group, established in 1985, specialized in corporate, exhibition and event signage as well as point of sale and visual merchandising material.
Liquidators Stephen Dixon and Leigh Dudman can be contacted at Hamilton Murphy Advisory Pty Ltd, Level 21, 114 William Street, Melbourne VIC 3000.
Contact person: Joseph Crisara
Contact number: 03 8866 7600
Facsimile: 03 9428 4152
Email joseph@hamiltonmurphy.com.au
