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Director faces multiple charges following ASIC investigation

ASIC obtains asset freezing orders against Queensland property developer Ian Chester

Royal Albert Investments 2 Pty Ltd Royal Albert Investments 3 Pty Ltd Vested Capital Pty Ltd Vested Property Group Pty Ltd Mr Terry Grant van der Velde of SV Partners was appointed as the liquidator of the companies. On 9 July 2021, following a resolution of its director Ian Chester, 53 Rankin Investments Pty Ltd entered into voluntary administration. Mr Terry Grant van der Velde and David Michael Stimpson of SV Partners were appointed as joint administrators. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why? Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don t put up a paywall – we believe in free access to information of public interest.

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