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SPI survives but outlook parlous

Chris Hutching for NBR NZ Property Investor
Thu, 15 May 2014

Syndicate manager SPI CapitaI may have escaped liquidation but its financial position remains parlous.

Similarly, the syndicates with $130 million it administers have mixed prospects.

SPI recently survived a winding petition from Inland Revenue for $299,976 on the grounds that its

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Chris Hutching for NBR NZ Property Investor
Thu, 15 May 2014
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SPI survives but outlook parlous
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