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Stonewood Homes franchisee folds

Ajit Singh has had three companies go into liquidation in the past month. Stonewood Group executive director Vicki Chow explains what went on.

A Stonewood Homes franchisee in Waikato has gone into liquidation following a downturn in activity and failed payments to the franchisor, the first liquidators' report said.

It was the third company connected to Satinder (Ajit) Singh to be placed into the hands of corporate undertakers in the past

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Stonewood Homes franchisee folds
Business,
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