New club manager appointed for Azure Resorts
Following discussions with the liquidators of both Azure Resorts Limited and Azure XP Limited and with the directors of Golden Sands Resorts Limited (the owner of the resort) and what was felt to be in the best interests of all clubs' members, First National Trustee Company (UK) Limited (FNTC) was requested to establish a new company to act as manager of the clubs on behalf of all clubs’ members. FNTC has therefore established Vacation Club Services Limited (VCSL) to act as the new club manager for Golden Sands Island Residence Club, The Heavenly Collection, and Azure Experiences Membership Club (Azure X)....
Azure Resorts Limited has entered into liquidation procedures
Azure Resorts Limited, which manages Golden Sands Island Residence Club based in Malta, (Island Residence Club, The Heavenly Collection (including Sands Towers)), and Azure XP Limited, which manages Azure XP Membership Club, have both entered into liquidation on 27th April 2020. On 28 April 2020, Mr Wesley Edwards of CVR Global (B.V.I.) Limited and Mr Barry Lynch of Alvarez & Marsal Cayman Islands Limited, were appointed Joint Liquidators of Azure Resorts Limited and Azure XP Limited. A dedicated webpage has been set-up to keep owners and creditors informed https://cvr.global/azure/. It should be noted that the Radisson Blu Golden Sands Resort and Spa...
