Maat gets another serve from activist
Letter to property syndicate shareholders urges attendance at annual meetings next week.
A syndicate with property at Cashel St in Christchurch has breached debt covenants and needs more capital.
An investor activist suing Maat Consulting over an alleged disclosure breach has extended his campaign against the property syndicator with a letter to shareholders of 11 Maat property syndicates urging their attendance at annual meetings next week.
Craig Priscott, whose company CNP Holdings is the
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