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Fair Entitlements Guarantee (FEG)
General information for claimants: https://www.dewr.gov.au/fair-entitlements-guarantee
Appointment details
| Appointment type |
Creditors Voluntary Liquidation – 21 February 2025 Voluntary Administration – 20 September 2024 |
| Appointees | Tim Mableson, James Dampney and Gayle Dickerson |
| Companies subject to Administration | Beston Global Food Company Limited (In Liquidation) ACN 603 023 383 (Collectively referred to as 'Beston'.) |
| Office | Adelaide |
KPMG contact
Background information
Beston Global Food Company Limited (ASX:BFC)
On 24 September 2024, Tim Mableson, James Dampney, Gayle Dickerson and David Kidman were appointed joint and several Voluntary Administrators (Administrators) of Beston Global Food Company Limited and its subsidiary Beston Pure Dairies Pty Ltd (Beston).
At the Second Meeting of Creditors of the Companies held on 21 February 2025, creditors resolved that the Companies be wound up and Tim Mableson, James Dampney, Gayle Dickerson and David Kidman of KPMG (Liquidators) be appointed as the Joint and Several Liquidators of the Companies.
David Kidman retired as liquidator of the Companies effective Thursday 13 March 2025.
Further information
For all further enquiries, please contact us at beston@kpmg.com.au.
Creditor meetings
Second meeting of creditors – 21 February 2025
The second meeting of creditors was held virtually on 21 Feburary 2025 at 11.30am ACDT. At this meeting, creditors resolved that the Companies be wound up under Section 439C(c) of the Corporations Act 2001.
First meeting of creditors – 2 October 2024
The first meeting of creditors was held virtually on 2 October 2024 at 12:00pm ACST.
Creditor communications
Information and circulars for creditors.
Court documents
Court directions proceedings and documentation relating to this matter.
ASIC insolvency material
The Australian Securities & Investments Commission provides resources on insolvency for directors, practitioners, employees, creditors and investors.
Support
Coping with the emotional impact of financial distress.
Beyond Blue
beyondblue offers some useful resources for people struggling with the emotional impact of financial distress.
The beyondblue Support Service provides confidential, one-on-one counselling with a trained mental health professional.
Phone: 1300 22 4636
Lifeline
Lifeline offers phone crisis counselling for people who are experiencing financial and emotional hardship.
Phone: 13 11 14 Australia-wide
Online crisis support chat (7:00pm to 4:00am daily)
Tim Mableson
SA Clients & Markets Lead Partner, Deal Advisory | National Wine Advisory Lead
KPMG Australia
+61 8 8236 7207 Tim
Mableson
Phone number
James Dampney
Partner, Turnaround & Restructuring
KPMG Australia
+61 2 9458 1555 James
Dampney
Phone number
Gayle Dickerson
National Leader, Turnaround & Restructuring
KPMG Australia
+61 2 9295 3982 Gayle
Dickerson
Phone number
