BREAKING: Major construction company goes into administration – as questions are raised over its building licence
- Qld Cedar Constructions has gone into administration
- Questions raised over whether it had a proper licence
A Gold Coast construction company has hit the wall amid questions over whether it held a proper licence to build.
Qld Cedar Constructions, which has been operating in the Gold Coast since 2017 and specilaised in both commercial and domestic building projects, went into voluntary administration on April 28.
The company’s director, Sung Hoon Lee, was banned from the industry for three years from 2015 after one of his previous companies, S & S Tiles, went into liquidation, according to the Gold Coast Bulletin.
Qld Cedar had held a building licence in the past, however it was suspended in January 2020 for having no nominee and cancelled three months after that.
Daily Mail Australia has approached QLD Cedar Constructions for comment.
William Cotter of Robson Cotter Insolvency Group has been appointed as liquidator.
Mr Cotter said it was too early to say why the company had failed.
