Tag Archives: Mainzeal Receivership

Former Prime Minister Jenny Shipley has disclosed her role at the failed Mainzeal Group to China Construction Bank, the world’s second-biggest lender by market value, where she is a director. The Chinese lender said Shipley had notified it that she had served as chairman and independent director of the group which was put in receivership on Feb. 6 and liquidation …

Dame Jenny Shipley will stand down as a director of one of China’s most powerful banks at the forth-coming AGM – one of three independent non-executive directors who are retiring by rotation from the board at the shareholders’ annual meeting. The others are  Joseph Yam Chi Kwong  and  Wong Kai-Man. Dame Jenny was first appointed as a CCB director in …

The former chair of companies in the collapsed construction group Mainzeal, Dame Jenny Shipley, faced hostile questions on her suitability as chair for state-owned electricity company Genesis Energy. Appearing before the commerce select committee for a regular performance review by MP’s, Dame Jenny would not answer calls from Labour’s Clayton Cosgrove for assurances there was nothing relating to her Mainzeal …

Liquidators have been appointed to a raft of Mainzeal and Richina related companies at the request of the shareholder. BDO’s Andrew Bethell and Brian Mayo-Smith have been appointed liquidators of the group companies, including the first firm to fall over Mainzeal Property and Construction, according to documents lodged with the Companies Office. The appointments were made yesterday by a special …

Former Prime Minister Jenny Shipley stonewalled questions about her suitability to remain chair of state-owned power company Genesis Energy after resigning her chairmanship of Mainzeal companies just before the country’s largest construction group went into receivership. In her first public appearance since the Feb. 6 Mainzeal receivership, Shipley was fielding questions at the six month result briefing for Genesis, which …

Mainzeal director Richard Yan has stepped down from the New Zealand China Council’s executive board of his own volition. newzealandinc.com believes Yan – who has been a passionate advocate for a strong relationship between New Zealand and China – would not have wanted to cause any issues for the recently formed council. Yan earlier appeared on the council’s executive board …

A building façade supplier linked to the collapsed construction company Mainzeal Property and Construction had racked up total liabilities of $18.9 million, according to the first liquidators’ report. King Façade, a company with links to a joint venture between elements of the Richina group of companies, which owns Mainzeal, was apparently being funded by Mainzeal and “had recorded substantial losses.” …

Receivers for collapsed construction firm Mainzeal Property and Construction say they are entertaining approaches from “a handful” of would-be buyers for either the whole firm or individual projects within it. data entry jobs at home PwC receiver Colin McCloy told BusinessDesk that around 200 staff have been made redundant to stem operating cash flows as they move as quickly as …

internet jobs from home p>PwC Partners Colin McCloy and David Bridgman say they are in talks with potential acquirors for all or part of Mainzeal”s business and assets. “We are currently in talks with some parties interested in buying the business and assets of Mainzeal, either as a whole or by segment. We understand the importance of a prompt and …

CeresNZ, the Christchurch-based unit of American firm Ceres Environmental Services, says it has a “strong interest” in buying Mainzeal Property and Construction from the receivers. CeresNZ plans to have preliminary talks with the receivers, betting that the rebuild of Christchurch provides a role for the “highly skilled people within Mainzeal,” according to a statement posted on the Scoop website. Mainzeal, …