ASIC investigation Archives - The Industry Spread

ASIC Disqualifies Former Uglii Group Directors

April 13, 2019

ASIC has disqualified Ms Heather Knorr of Traralgon, Victoria and Ms Ge Zhu of Hurstville, New South Wales from managing corporations for four years. The disqualification follows an ASIC investigation into the affairs of six companies* within the Uglii Group that led to orders being made by the Federal Court of Australia for their wind up in 2016 and 2017.