Failed firm working on Christchurch sports centre owes $4m
The first liquidators report into Benmax NZ shows the company succumbed to ‘familiar list of challenges’.
Parakiore Recreation and Sports Centre was due to be completed in 2025.
The local arm of an Australian mechanical services firm owes unsecured creditors $4 million, according to the first liquidators report.
Benmax NZ Ltd, which was incorporated in 2013, was placed into liquidation on April 6 following a special resolution of the company’s shareholders.
At the time of
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