01/03/2024
STATEMENT REGARDING RF DEVELOPMENTS PTY LTD
With respect to the press articles overnight about RF Developments Pty Ltd “collapsing” into liquidation, this is a sensationalised version of the situation.
RF Developments Pty Ltd was set up in 2018 specifically to undertake a townhouse development as part of the RFHD group. The townhouses were completed in 2021 and the company is simply no longer needed.
We have recently engaged Jason Bettles from Worrells to commence a Members Voluntary Liquidation which is the process whereby a solvent company winds up its affairs and closes.
It is business as usual for the RFHD Group including Rimfire Homes Pty Ltd.
Ken Brown
Director