Recent Posts

Richard Yan’s dream of building “New Zealand House” in Shanghai appears to have foundered

Richard Yan appears to have scuppered plans for a full-scale “New Zealand House” in Shanghai to host NZ’s key government agencies and companies and to showcase NZ products. mobile spy software During newzealandinc.com’s recent research trip to China, informed sources said that Yan had indicated he intended to seek commercial tenants for his Shanghai building after protracted negotiations with NZ …

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Former Mainzeal Group chairman Dame Jenny Shipley points finger at shareholder over construction arm collapse

The independent directors of Mainzeal Group – who also sat as directors on Mainzeal Property and Construction – issued their own formal statement yesterday on the receivership of the subsidiary company stressing the holding company was not in receivership. The statement is worth quoting in verbatim. The  independent Chair of MGL, Dame Jenny Shipley confirmed that, as of midday February 5th …

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Leaky buildings, Chinese supply botch fell Mainzeal over just $20M

One of New Zealand’s best-known commercial construction firms, Mainzeal, placed its operating business in receivership as a combination of leaky homes suits and a botched supply chain from China combined to take the company down. sms spy android In a dramatic afternoon on New Zealand’s national day, Waitangi Day, Mainzeal Property and Construction (MPC) was placed in the hands of …

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