Marine Produce Australia has been placed into liquidation owing $73 million to unsecured creditors after its asset-rich subsidiaries were sold to Tassal Group last month.
Barramundi farm operator Marine Produce Australia has received help from a Tasmania-based company to continue trading after exhausting funds, including from NAB.
Marine Produce Australia has lodged plans for a $300 million expansion of its West Kimberley barramundi farm in a bid to lift output and make the operation more commercially viable.
