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Liquidator Appointed To Suir Pharma, Clonmel

Suir-Pharma-

Suir Pharma Ireland Ltd, Waterford Road, Clonmel, Co.Tipperary.

More than 130 jobs are at risk at Suir Pharma Ireland Ltd, located on the Waterford Road in Clonmel, Co. Tipperary. This scenario follows the appointment, by the High Court, of a provisional liquidator to this Tipperary-based pharmaceutical manufacturing company.

Originally named Clonmel Chemicals; the company had been involved in the manufacture of generic medicines for some 40 years in Clonmel, and today has been declared insolvent and is expected to be wound up.

Suir Pharma Ireland Ltd have blamed for its current difficulties, irreversible losses of some €4.9m during the 15 months prior to March 2015. The company sustained a large drop in sales in the US market late last year; and today projected further losses for future years.

The parent company Saneca Pharmaceuticals, which acquired Suir Pharma in June 2015, is understood not to be willing to further fund the operation, leaving it with no alternative but to apply to the High Court for the appointment of a Provisional Liquidator.

Insolvency practitioner Mr Michael McAteer of Grant Thornton has been appointed as the Provisional Liquidator of the company by Mr Justice Michael Twomey. Mr McAteer has also been granted the ability by the High Court to allow the company to continue to trade, and to take steps to secure the company’s assets.

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Phishing PayPal E-mails Circulating

paypal_logoWarning to on-line customers, using PayPal; please note we have been made away that ‘Spoof’ or ‘Phishing’ scams are currently circulating via email accounts here in Co. Tipperary.

The e-mail suggests that PayPal have detected something unusual about a recent sign-in to your account and to help keep you safe, they require an extra security challenge.

A large icon in red requests that you should  ‘Verify Now’Please abstain from fulfilling this latter request. 

The e-mail message will read something like this:-

PayPal
We detected something unusual about a recent sign-in to your account To help keep you safe, we required an extra security challenge.
Date and Time : Saturday, 14 May 2016 (UTC), 9:36 PM
Browser : Mozilla/5.0 (Macintosh; Intel Mac OS X 10_9_3) AppleWebKit/537.75.14 (KHTML, like Gecko) Version/7.0.3 Safari/7046A194A

Operation System : Mac OS X 10.9.3

We need you to verify your identity for further use of your account.    Verify Now

First rule to remember is that if you are truly being contacted by PayPal, the company will always address you by your full Account Holder Name (Not “Dear PayPal member.” ) and will never ask you to verify information on line.

Remember if ever in doubt or you require assistance; you may contact PayPal on Tel: (1800) 948510. Remember also that 1800 Ireland virtual numbers are free and cost nothing to call.

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Tipperary Incremental Purchase Housing Scheme

As and from January 1st 2016, existing tenants of Tipperary County Council have an opportunity to purchase their homes through an ‘Incremental Purchase Scheme’ introduced under Part 3 of the Housing (Miscellaneous Provisions) Act of 2014.Tipper coco

Note: However there are a number of pre requisites which households must meet. These include as follows:-

(1) Tenants/joint tenants must have minimum reckonable income of €15,000 per annum.
(2) Reckonable income must come mainly from regular employment and not solely from Social Welfare.
(3) Applicants must be in receipt of Social Housing Support for a minimum period of 1 year.
(4) Applicants must not be disqualified from purchasing, same brought about as a result of having purchased housing previously
(5) Applicants must have a satisfactory rent record and all household charges must be up to date [i.e. Water charges etc.]
(6) Houses must be available for sale and not restricted, as in past schemes [i.e. not houses specifically reserved for elderly, transitional accommodation, traveller accommodation, in interests of estate management etc.]

For income between €15,000 and €20,000 tenant purchase discount will be 60% of purchase price and an Incremental Purchase Charge of 60% will apply to house and be reduced by 2% per annum over 30 years.
For income between €20,001 and €29,999 tenant purchase discount will be 50% of purchase price and an Incremental Purchase Charge of 50% will apply to house and be reduced by 2% per annum over 25 years.
For income over €30,000 tenant purchase discount will be 40% of purchase price and an Incremental Purchase Charge will apply to house and be reduced by 2% per annum over 20 years.

For to download ‘Tenant Information Booklet’ click HERE and for to download ‘Tenant Purchase Application Form’ please click HERE

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For Sale – Ballykisteen Hotel & Golf Resort, Tipperary

Ballykisteen

For Sale – Ballykisteen Hotel & Golf Resort

Yet another highly rated provincial Tipperary hotel and golf course is to be offered for immediate sale, with a guide price of €2 million.

The property in question, the four-star Ballykisteen Hotel and Golf Resort, sited opposite the Limerick Junction Racecourse, is situated on the busy Limerick to Waterford road; 6km from Tipperary town; 41km via the R661 from Thurles, (latter home of the GAA); just 2km from Limerick Junction Railway Station; 30 minute’s drive from Limerick city and one hour’s road journey from Cork city.

Set in the shadow of the Galtee Mountains and located on 114 acres surrounded by a rich farming hinterland, the Ballykisteen Hotel and Golf Resort attracts business from a broad area and is particularly well known as an attractive wedding venue. The family friendly hotel was recently voted as being amongst the top 10 of ‘Family Break Resorts’ in Ireland, offering through its ‘Ballyk Kidz Club’, a brilliant programme of fun activities for children aged 3 – 11, available free to all accommodated guests.

The four star Ballykisteen Hotel caters to 40 spacious bedrooms and suites, many of them with balconies which overlook the Des Smyth golf course. The ground floor reception area includes the ‘Junction One Bar’ and separate restaurant / dining area and the ‘Barna Room’, a boardroom style meeting room.

Complimentary Wi-Fi is available in every guest room and in all public areas of the resort.

A total of 14 hotel properties were sold in Ireland in the first three months of 2016, with a total value of some €47 million.

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Results Of Thurles Credit Union Member’s April 2016 Draw

credit unionApril’s Thurles Credit Union (TCU) Members Cash Draw took place on Saturday the 2nd of April 2016.

The 1st prize winner of €10,000, in this computer generated draw, was M/s Sighle O’Toole, Killinan, Thurles, Co. Tipperary.

Congratulations must also go to three other lucky TCU Member winners; namely M/s Olive O’Connell, Manslestown, Thurles, Co. Tipperary; M/s Sheila Lee, Regaile, Thurles, Co. Tipperary and M/s Helen Ryan, Moyne, Thurles, Co. Tipperary, each of whom received prizes of €1,000 each.

A big congratulations to all the winners.

Note: Members can still join the TCU Members Monthly Cash Draw by simply completing an application form in any of 3 associated Thurles Credit Union offices.

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