Failed firm working on Christchurch sports centre owes $4m
The first liquidators report into Benmax NZ shows the company succumbed to ‘familiar list of challenges’.
Parakiore Recreation and Sports Centre was due to be completed in 2025.
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The local arm of an Australian mechanical services firm owes unsecured creditors $4 million, according to the first liquidators report.
Benmax NZ Ltd, which was incorporated in 2013, was placed into liquidation on April 6 following a special resolution of the company’s shareholders.
At the time of
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