Elders is expecting underlying earnings to jump as much as 24 per cent after it decided to stop exporting live animals to China. But live exports to other Asian nations will continue. Currently, most of Elders’ long-haul business involves sea shipments of dairy and beef breeder cattle to China. Photo: Michele Mossop The agribusiness has reviewed…
POKIES bankrupted the Frankston Football Club. The Dolphins went into voluntary administration late last month as the club struggled under large debts and the administrators called in by the club have now confirmed most of the clubs debts are related to pokies machines licences. Worrells Solvency and Forensic Accountants, administrators called in by the club,…
Manas Kumar, of Optimizer HQ and ODEV Limited, which is now in liquidation. A former employee is seeking $100,000 from a tech company that once aspired to list on the NZX and is now in liquidation. Lawrence Sami was employed by mobile payment company Optimizer HQ, run by Mana Kumar, which previously operated the Swipe…
MARTY SHARPE Frimley Estate, on the northern edge of Hastings. The man behind the development, Nick Duff, has declared himself bankrupt. The developer behind an unsuccessful property development in Hastings has declared himself bankrupt with his company still owing nearly $3million. Nick Duff, also known as Stephen Duff, applied to make himself bankrupt on August 30.…