Three Auckland Ray White agencies go into liquidation owing $5.3m to creditors including IRD

“The company [all firms] experienced a prolonged decline in trading performance arising from adverse market conditions. Sales volumes for Auckland central apartments declined materially from pre‑Covid levels. “Sale prices remained stagnant or reduced, resulting in a sustained decrease in commission income,” the report noted. “The company’s core market was disproportionately impacted by increased remote working…

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Octopus (APAC) Holdings Limited Completes Creditors’ Voluntary Liquidation of Subsidiaries and Provides Update on Retained Funds in China – Minichart

Octopus (APAC) Holdings Limited: Completion of Creditors’ Voluntary Liquidation of Subsidiaries Summary of Key Developments Octopus (APAC) Holdings Limited (formerly GS Holdings Limited) has completed the creditors’ voluntary liquidation (CVL) of its subsidiaries, Wish Hospitality Holdings Private Limited and Wish Health Management (Shanghai) Co. Ltd. (“Wish Shanghai”). All regulatory requirements and formalities for liquidation and…