Local Distributor Red Ant appears to be in financial trouble with the company falling into receivership. This is by no means a death spell as EzyDVD have proven, but it does mean that something is amok. Red Ant are the local distributor of Capcom, Bethesda, Konami (who recently left Atari) and Midway. It has also been reported that the Capcom deal has already fallen through and a replacement may already be on the way as the company has four big games ready to launch soon. We’ll have more on this as it develops. .
Source: Kotaku, via Asic