Saturday, 14 February 2026

MFS: Failed venture to convert retirement villages into homes for disabled

Failed financial services group MFS folded in 2008 owing almost $2.4 billion to creditors and loans of $1 billion. Currently before the NSW Supreme Court, MFS former CEO and co-founder, Michael King, has explained how the company planned to...

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by The Weekly Source

Failed financial services group MFS folded in 2008 owing almost $2.4 billion to creditors and loans of $1 billion. Currently before the NSW Supreme Court, MFS former CEO and co-founder, Michael King, has explained how the company planned to transform retirement villages into homes for young disabled people.
http://www.thesourcetoday.com.au/p600_MFS-Failed-venture-to-convert-retirement-villages-into-homes-for-disabled.html

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