Showing posts with label Peter Bellomo. Show all posts
Showing posts with label Peter Bellomo. Show all posts

Nov 12, 2009

Kafritsas says it's high time to dive back into the Surf the Hi Surf that is !

Okay in todays Gold Coast Bulletin I read the following story:
GOLD Coast businessman Greg Kafritsas hopes to buy back the management rights to Hi Surf after the company he sold it to went into receivership.
The Surfers Paradise hotel is one of seven management rights that are subject to a tender campaign at the behest of receivers. Mr Kafritsas's offer, which has been lodged with receivers KordaMentha, needs body corporate approval before the deal is cemented.

Ten companies linked to Prime Apartments Hotels and Resorts (PAHR) moved into receivership earlier this year owing $12.5 million. Tony Freeman and Peter Bellomo are directors of each company.

Mr Kafritsas said that he was owed almost $700,000 by one of the companies. The management rights operator, who runs Outrigger Resort at Burleigh Heads and Club Surfers, said he wanted to buy back the rights to a hotel he loved.

He said he hoped the move would see him recoup the money he lost.

NOW HERE IS THE PROBLEM: Can anyone confirm this: I heard on the Grapevine that Tony Freeman is using his influence on family members who are on the Board of the Body Corporate to block this from happening. If this is true then shame on you Tony Freeman.

 
Source for main story and photo: http://bit.ly/2hAk27