Powerhouse writes down value of SolarBright investment to zero
Powerhouse lawyers have written to SolarBright founders warning of possible court action.
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Powerhouse has written down the value of its stake in investee company SolarBright to zero.
The Christchurch-based tech incubator told the ASX it has detected several potential accounting and legal irregularities at the company, including in SolarBright’s entries on New Zealand public registers,
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Calida Smylie
Tue, 30 Jan 2018
Tue, 30 Jan 2018
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Powerhouse writes down value of SolarBright investment to zero
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