Auckland’s KMJB Harris had been in dispute with another insolvent firm, Teak Construction, before its collapse.
Profile Finance supplied loans for customers through the family furniture business.
The group looking at the issue is aiming for no 14-day quarantine.
Independent adviser recommends shareholders vote yes.
The full impact will be felt in the June quarter, with a long tail to follow, NZIER says.
UPDATED: Funding will ensure staff aren’t made redundant, Z Energy says.
The company has also detailed trading conditions under lockdown.
Group earnings down 16%, net profit up almost $5m.
And analysts warn the stock is a risky pick.
The annual Private Capital Monitor shows high mid-market activity.