Tag Archives: Mainzeal

Opus International Consultants, the engineering firm with one of four mandates to lead design the Christchurch rebuild, posted a 13 percent decline in first-half earnings, missing estimates, as its local business was hurt by the Mainzeal liquidation and lower local authority spending. Net profit fell to $9.4 million, or 6 cents per share, in the six months ended June 30, …

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 receivers of failed construction firm Mainzeal are weighing up their options to get the best price for Mainzeal House on Auckland’s Victoria St. PwC’s Colin McCloy and David Bridgman “are currently considering the best way to realise the property,” which is valued at some $12.3 million, according to their first report on 200 Vic Ltd, a Mainzeal entity. The …

Receivers for the collapsed Mainzeal Property and Construction say they hope to see work resume or responsibility returned to clients “in the near future” on the numerous projects that stopped in their tracks three weeks ago, when the receivership was announced. The second largest construction firm in the country, Mainzeal announced its receivership on Waitangi Day, Feb 6. The collapse …