Danny Chan copped a three-year ban in January after his mismanagement was found to have contributed to the failure of MicroGem NZ.
Phase 1 investigations indicate a $15.7b build cost over seven to nine years.
Dairy co-op reports 50% lift in half-year profit, raises full-year earnings forecast.
Despite a long-running dispute, the winding up of Lakewood General Partner is in the ‘normal course of business’, CEO Charlotte Clarke claims.
In a difficult international environment, VC funds are having trouble raising capital, it said.
The Rainbow Group centres employed 130 staff across New Zealand.
KPMG report highlights another strong year in profit for banking sector, to over $7 billion.
Al Yates’ power retailer sells 100% hydro, wind, and solar power to about 1% of the market – and will double business in next year, he reckons.
It follows one of the worst seasons for kiwifruit quality and taste.
‘It’s a weight off their shoulders,’ Icehouse Ventures CEO Robbie Paul says of the $100m he estimates is connected to NZ startups.
