Language schools in doubt
* From: The Australian * January 30, 2010 12:00AM
EIGHT English language schools operated in Australia by the GEOS group have gone into voluntary administration, leaving about 2300 foreign students unsure of their future.
Justin Walsh and Adam Nikitins, of Ernst & Young, have been appointed administrators to nine companies operating the schools in Melbourne, Sydney, Adelaide, Perth, Brisbane, Gold Coast and Cairns.
They have about 390 employees and international students from a number of different countries.
"The financial position of the companies is such that the directors appointed voluntary administrators," Mr Walsh and Mr Nikitins said in a statement yesterday.
"School operations have been temporarily suspended while the financial situation of the companies and ability to fund future operations of the schools is assessed over the next few days."
The companies under administration are: GEOS Melbourne Pty Ltd, GEOS Adelaide Pty Ltd, GEOS Sydney Pty Ltd, GEOS Cairns Pty Ltd, GEOS Gold Coast Pty Ltd, GEOS Perth Pty Ltd, GEOS Brisbane Pty Ltd, GEOS Management Services Pty Ltd and GEOS National English Academy Pty Ltd.
The administrators said a better understanding of the financial situation and a decision on future operations should be known by the close of business on Monday.
"Employees, students and creditors will be advised as soon as possible," they said.
AAP
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Author:豪州サンディ
☆豪州サンディ☆
自称「南半球イチお気楽主婦」
です(笑)。
純日本人で英才教育なしで育つ。社会人になり、シドニーへ語学留学。
友人の紹介で夫と見合い結婚。
実践英語と異文化との半永久的な付き合いが始まる。
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自称「前世はサムライ」。
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Agatha Christie (英)
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Kerry Greenwood (豪)