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A partial report preview for Gippsland Secured Investments Ltd. is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

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Gippsland Secured Investments Ltd.
119 Main Street
Bairnsdale, 3875  Australia
Filed for Bankruptcy on 9/3/2013
The Company has entered Receivership, with Adam Nikitins and Simon Cathro, Partners of Ernst & Young, appointed Receivers.
Business Summary
Gippsland Secured Investments Ltd (GSI) is an Australia-based company. The Company‘s main activities are to accept funds from investors and to lend principally on the security of registered mortgages over real property in Australia. Funds invested by GSI Note holders with GSI are used in the Company‘s principal business activity of lending to borrowers on mortgage security. Lending is made on the security of real estate for commercial, farming, developmental, industrial or residential purposes within our investment guidelines. The Company has fundamental guidelines used in assessing acceptable lending and they include prudent assessment of property values against which the Board then base criteria to assess the percentage of loan as to valuation. Borrower clients are offered flexibility in lending, such as being offered either fixed term interest lending, variable interest lending, right to repay whole or part of the loan at any time without penalty for early repayment.
(Source: PROSPECTUS)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20106/30/2010Yes----

Industries
SIC Code Description
6141 Personal credit institutions

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board Ian R.Campbell 77 1/1/1987 1/1/1970
Chief Executive Officer, Managing Director, Company Secretary, Executive Director Glenn A.Sanford 50 1/1/2007 1/1/1999
Business Development Manager KarenCox
7 additional Officers and Directors records available in full report.


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Saturday, July 22, 2023