Peter Di Prinzio, the founder of Subiaco-based debt collection agency Repcol Ltd, has resigned from the board ahead of a shareholder vote to sell the main assets of the troubled company to US-based Cargill Inc for under $5 million.

Peter Di Prinzio, the founder of Subiaco-based debt collection agency Repcol Ltd, has resigned from the board ahead of a shareholder vote to sell the main assets of the troubled company to US-based Cargill Inc for under $5 million.