BRISBANE-based company HX Food Groups (Aus) Pty Ltd has gone into liquidation, and Grain Trade Australia has advised its members via a notice issued today.
Grain Central understands a number of traders and service providers in southern Queensland are owed money by the company in relation to containerised sorghum exports.
The company’s registered address is in a residential neighbourhood of Eight Mile Plains, a southern suburb of Brisbane.
On its website HX Food markets itself as trading in wheat, oats, sorghum, and barley.
Jirsch Sutherland Brisbane-based director Chris Baskerville was on Friday appointed as the company’s liquidator.
According to Australian Securities and Investment Commission records, Chinese-born Fuqing Zhao is HX Food’s sole director, and was appointed in 2015.
Sources have advised Grain Central that HX Food had until recently been a reliable counterparty on sorghum and wheat for export.
HX Food and Mr Baskerville have been contacted for comment.
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