Yoyoso, Miniso and Acecco collapse: $61m owed as businessman linked to 30 failed companies
A businessman in his early 30s has been linked to the collapse of 30 companies owing a total of $61 million.
A series of retail and consumer businesses have collapsed, leaving significant debts. The collapses are linked to one individual who started business ventures at age 25. By 33, he was connected to 30 failed companies. A mortgagee sale is at the centre of the situation.
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Yoyoso, Miniso and Acecco collapse: The $61m fall and mortgagee sale at the centre of it
He started at 25. By 33, Lin Liu was linked to 30 collapsed companies owing $61m.