Administrators have been appointed to listed agribusiness investment manager Great Southern.
"I wish to advise that Martin Jones, Andrew Saker, Darren Weaver and James Stewart of Ferrier Hodgson were appointed as joint and several voluntary administrators of Great Southern Limited by resolution of the board on 16 May 2009," Ferrier Hodgson said in a statement this morning.
"The administrators are working with the board and management to look at options for the restructure of the company and its financial position."
Great Southern has been in a trading halt since 7 May.
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The announcement came after rival Timbercorp called in the administrators last month.
