Promisia’s close ties to major shareholder troubles NZSA
The Shareholders’ Association is concerned with the company’s ‘unusual arrangement’ with its controlling shareholder, Thomas Brankin.
Promisia Healthcare’s Aldwin House.
The New Zealand Shareholders’ Association has gone public with its concerns about the close ties between Promisia Health and its major shareholder and executive director, Thomas Brankin, who owns 52% of the aged care provider.
Promisia purchased three of its four aged care facilities, as well as
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