Pharmacy wholesaler’s $4.4m ‘phoenixing’ fail

Four year ban on managing companies after bankruptcies left creditors and ATO multi-millions out-of-pocket   A pharmacy wholesaler director who engaged in illegal so-called phoenixing activity has been disqualified from managing corporations for four years by the Australian Securities and Investment Commission (ASIC). The director, Jenny Huang, of Robina, Queensland was disqualified because of her