Recent Posts

L and M offer passes 90 percent hurdle

The offer for L&M Energy from its chairman and creditor Geoff Loudon is now unconditional, having been accepted by more than 90 percent of shareholders, allowing compulsory acquisition of remaining shares. Loudon’s New Dawn Energy has acceptance for 90.25 percent of L&M by Jan. 15 and so it will move to compulsorily acquire remaining shares under the Takeovers Code. The …

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Day 4: So this is Hollywood?

Fran and I have just returned from an amazing day with some of the leading figures in developing Beijing-Hollywood. I’ll keep my remarks brief as  I wouldn’t want to spoil the video that will go up on the site in the coming days. We began the day at the magnificent Star Lake Resort – a newly built, luxury facility that will host …

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Property developer pleads guilty to SFO charges

Property developer Glenn William Cooper, 39, has been remanded on bail for sentencing on March 8 after a Serious Fraud Office investigation into his dealings with a family with whom he built a relationship. Cooper pleaded guilty in Manukau District Court on Wednesday to five charges of dishonestly using a document. The charges resulted from an investigation into five property …

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