The director of a Gold Coast builder, in administration with 38 unfinished home sites and at least $1.5m debts, is facing exclusion from the industry for three years.
Category three builder Skyfield Homes, which has construction sites in Nerang, Helensvale, Hope Island and Brisbane, entered voluntary administration a week ago.
Sites across the Gold Coast fell silent, and the company’s website and social media was taken down, after administrator Michael Caspaney of Menzies Advisory was appointed.
Skyfield subcontractors have questioned why staff asked them to complete subcontractor forms for related company Focus Living in the weeks before Skyfield went into administration.
Focus and Skyfield are both directed by Dazhi Wang, 39, whose registered address is in Robina. Skyfield is also a shareholder of Focus Living.
The Queensland Building and Construction Commission said it was aware of the external administration.
“When the QBCC identifies a potential exclusion event, such as the appointment of administrators in relation to any QBCC-licensed company, the QBCC is required by law to provide the director or directors of the company 28 days to submit any potential response or challenge to any proposed exclusion,” the regulator said…