Modco Residential collapse: Founder Cynthia Lu claims construction company owes her $2 million

Modco founder Cynthia Lu claims she is owed millions of dollars from the collapse of the construction company, as WA’s building regulator reveals the company has left 29 homes unfinished.

Modco announced its demise on Sunday, with Mathieu Tribut, of GTS Advisory, taking the reins as administrator.

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