Konica Minolta announces £32m liquidation

Konica Minolta has announced its intention to liquidate a manufacturing subsidiary in China, which has been calculated to result in a financial loss of approximately ¥6bn (£31.7m). Konica Minolta Business Technologies, also known as Konica Minolta WUXI, primarily produces imaging products and office machines. The company first decided to end production at the WUXI plant…

Former Dunedin pub operator leaves trail of debt

A company that once operated a popular South Dunedin tavern has been liquidated, leaving behind more than $100,000 of remaining debt. Akuhata Ltd was put into liquidation in February last year, with Trevor and Emma Laing appointed liquidators. The company was incorporated in November 2020 for the purpose of purchasing a tavern operation from a…