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He Left Behind Millions in Losses At Acer, Now Parents At Chasing The Former PC CEO After His Latest Business Collapses

The former CEO of Acer Australia Charles Chung has incurred the wrath of parents after a Company he ran taking kids to visit NASA went bust owning parents’ tens of thousands.

When he resigned from Acer, he left behind a Company that was wallowing in losses that had occurred under his management.

Chung also has a questionable reputation when it comes to media quotes, currently he is telling parents who lost hundreds of thousands of dollars following the collapse that there was nothing he could do to prevent the collapse.

He once issued a letter to Acer retailers and dealers in the education market claiming that a media report exclusively revealed on ChannelNews that the Taiwanese PC maker was set to close its Australian PC factory and sack workers was false.

Former Acer CEO Charles Chung also CEO of Failed space tours Company Actura

“Nothing could be further from the truth, and we have no plans to either stop or slow down our production capacity,” Chung, wrote at the time.

Acer not only closed the factories down they eventually parted Company with Chung who was also linked with questionable PC deals that resulted in thousands of Acer PC’s having to be recalled from NSW schools.

The only problem was the ChannelNews story was 100% accurate and Chung who is now spinning stories to parents some who have lost over $10,000 a head is claiming COVID contributed to the downfall of the space travel Company.

Former Acer Marketing Manager now Vice President of Marketing of Failed Actura Space Trip Company.

The firm Actura Australia ran STEAM programs across Australia and was set up and run by Chung and former Acer Marketing Director David Sunton, who became Actura’s vice president for marketing and product management.

NSW Department of Education spokesperson said 10 students from NSW Forest High School had been affected by Actura’s liquidation alone.

A Victorian Department of Education spokesperson said the department was identifying and working with affected schools to determine whether fees paid in advance could be recouped.

Both Chung and Sunton left Acer under a cloud, with Taiwanese management appointing Darren Simmonds to restructure the Australian business because of what’s been described as “The mess left behind by Chung”.

Shortly after Chung left Acer reported a full year (FY13) loss of $47.0m and operating losses in its final quarter.

According to reports hundreds of parents some claim that the number is over 700 have been left out of pocket with parents from Reddam House, The King’s School and Forest High in Sydney, and Mentone Girls’ Secondary College, Firbank Grammar School and Korowa Anglican Girls’ School in Melbourne all lining up for an explanation from Chung and Sunton as to what went wrong and more so why they kept trading when the Company was in trouble.

The marketing spin developed by the Company was based on offering a “once-in-a-lifetime” study trips to NASA headquarters.

Actura Australia said it had gone into liquidation last week, immediately cancelling all of its 2024 and 2025 international space school expeditions.

Their two-week international study trips promised to deliver “unforgettable” STEAM education in inspiring environments, including tours of NASA’s Johnson Space Centre in Houston, Texas, astronaut training and “immersive space missions”.

Chung told schools in a letter that the company’s cash flow had been severely affected by the COVID pandemic, a large increase in the cost of supply and significant reductions in registrations due to increases in the cost of living.

The SMH reports that One Reddam House parent, Lucia Haigh, said she had paid a $7600 deposit for her two daughters to attend a two-week space camp trip to the United States in July next year.