Hikanui Capital was established in 2019 and specialises in property development, relocatable homes, and property rental.
The company was placed in liquidation by order of the High Court over “unpaid levies” to one of the creditors, a body corporate, and it has stopped trading, according to the first liquidator’s report released late last week.
The company owed almost $4.3 million to various creditors when it went into liquidation, the report stated.
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Tawhiti said the creditors were mainly funders and IRD and he said no staff wages were outstanding.
Tawhiti said Hikanui Capital owned properties, including two in Hawke’s Bay and one in Auckland. He claimed they had not been taken into account in the…
