End of the road comes in two-decade saga over sandalwood group Quintis

The West Australian sandalwood producer once known as TFS Corporation will be liquidated, bringing to an end a two-decade saga that has included an aggressive take-down from short-selling activists and led to millions of dollars in losses for investors.

KordaMentha was appointed administrator of the company, now known as Quintis, in April, the second time in six years the business has been in receivership.