NORTHERN STAR HOLDINGS LTD

NORTHERN STAR HOLDINGS LTD

Previous company name
NORTHERN STAR HOLDINGS LT
Name change date

Company Overview
The company, formerly known as Northern Star Holdings Ltd., is a privately held company engaged in the management activities of holding companies. The company is also involved in the operation of management investment offices. The registered head office of the company is located in Utimo, Australia.
The company exercises financial control over its subsidiaries, settles their general policy and appoints their top management, as well as provides central services. It also operates as an establishment that administers, manages, and oversees other establishments of the company or enterprise. Lastly, the company is active in holding the securities of companies and enterprises to own a controlling interest.
Business Summary
Northern Star Holdings Lt went into receivership.
Description and history
Northern Star Holdings Lt’s principal activity is commercial television transmission. On 1 September 1989 the company announced major restructuring proposals to reduce group borrowings by approximately A$350 million and restore profitability. The proposals include the sale of the group’s television stations in Adelaide,Perth and Canberra realising A$ 185 million (which was completed on27 October 1989), an issue of subordinated convertible notes which raised A$ 85 million, and other assets realisations which will eventually raise a further A$86 million. The company went into receivership.

Formerly known as Northern Star Holdings Ltd.

Business Line
Engaged in the management activities of holding companies
Subsidiary

Advisor

IPO date

US SIC Code
3669
Company Address
44, Bay Street

City province or state postal code
2007, UTIMO, NSW
Phone: +61 25658888
Fax: +61 25658627
Country address: AUSTRALIA
Website url: