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Montrose owned a fire damaged villa on a 3/4 acre section in Tauranga.After being unsuccessful in selling the property at auction, they later on 24 February 1981, it entered into a conditional sale agreement with Moreton and Craig for $215,000, which Montrose was to provide a 60% second mortgage to finance the deal.
Turners Automotive Group, then known as Turners Limited, was created in 2014 by the merging of retailer Turners Auctions and Dorchester Pacific, which deals with consumer insurance and finance. [1] In December 2023 Turners was added to the S&P NZX 50 and MidCap Index. [2] Turners opened a Timaru dealership in March 2024. [3]
Between May 2006 and the end of 2012 there were 67 finance company collapses in New Zealand, including companies entering into liquidation, receivership or moratoria. [1] An inquiry by the New Zealand Parliament estimated losses at over $3 billion that affected between 150,000 and 200,000 depositors. [ 2 ]
These stores sell Target liquidation items for anywhere from 50% to 90% off. Amazon: The Amazon Bulk Liquidations Store site offers great deals on liquidation pallets. These pallets are full of ...
Trade Me is New Zealand's largest online auction and classifieds website. Managed by Trade Me Ltd., the site was founded in 1999 by New Zealand entrepreneur Sam Morgan, who sold it to Fairfax in 2006 for NZ$700 million. [1] Trade Me was publicly listed as a separate entity on 13 December 2011 under the ticker "TME".
Mainzeal Property and Construction Ltd was one of the largest New Zealand property and construction companies [1] until being placed into receivership on 6 February 2013 and then being placed into liquidation on 28 February 2013. [2] According to its website, Mainzeal was involved in delivering $7.5 billion of construction projects across New ...
Smiths City was placed into a trading halt on 27 March 2020, two days into New Zealand's COVID-19 lockdown, after it was initially denied permission to operate as an essential business. [6] It held talks with its primary lender ASB Bank , [ 7 ] and the bank agreed to delay a debt repayment. [ 8 ]
NZSkydive Ltd, trading as NZAero, is an aircraft manufacturing company based in Hamilton, New Zealand. Along with its predecessors, it has sold more than 700 utility, training and agricultural aircraft. [1] The company replaced Pacific Aerospace Ltd, which became insolvent and was liquidated in 2021. [1]
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