Days after installing a new board of directors, battling scaffolding firm IFS Construction Services has been placed into the hands of administrators from WA Insolvency Solutions.
The Takeovers Panel has made a declaration of unacceptable circumstances after taking a look at the increasingly hostile battle for control of IFS Construction Services.
Three significant shareholders of IFS Construction have asked the government's takeovers watchdog to run an eye over the increasingly hostile battle for control of the company.