ATM operator Stargroup has been placed in the hands of insolvency firm KordaMentha after the loss-making company was unable to complete a restructure of its $9.1 million debt.
Perth-based ATM machine operator Stargroup expects to return to the black after acquiring 109 ATMs from Cash Plus Australia for $6.5 million in cash and shares.
ATM entreprenuer Todd Zani is back in business after an eight-month hiatus, and he's brought with him a new style of machine that could be a game-changer for the banking sector.
Perth-based unlisted ATM provider Stargroup is set to be bought out for an undisclosed amount by ASX-listed iCash Payment Systems, after iCash announced today it has signed a memorandum of understanding for the acquisition.
Former Ezeatm chief executive Todd Zani has been ordered to stop working with a company established five months ago that operates in the same business as his old employer.
Ezeatm has terminated the contract of chief executive officer and co-founder Todd Zani.His brother and co-founder Chad Zani remains an executive director.
West Perth company Ezeatm has announced an earning downgrade one week after sacking company founder and chief executive Todd Zani, who has allegedly responded by requesting a shareholder meeting to