What's at stake:$500,000 owing to Okuora Holdings, an investment company belonging to John and Maury Leyland Penno.
Background: Former Synlait chair John Penno had an interest in product tracing technology company Trust Codes, a supplier to both Synlait and A2 Milk, and appointed receivers to its parent company in January 2022.
Main players: John Penno, Maury Leyland Penno, Paul Ryan, Mark Darrow, Trust Codes, Synlait, A2 Milk, David Bortolussi.
Signum Holdings, the company at the centre of a bitter dispute involving former Synlait chair John Penno and tech company CEO Paul Ryan, was placed in liquidation on Wednesday by its shareholders.
The move comes days after a High Court ruling upholding a $500,000 statutory demand against Signum by
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What's at stake:$500,000 owing to Okuora Holdings, an investment company belonging to John and Maury Leyland Penno.
Background: Former Synlait chair John Penno had an interest in product tracing technology company Trust Codes, a supplier to both Synlait and A2 Milk, and appointed receivers to its parent company in January 2022.
Main players: John Penno, Maury Leyland Penno, Paul Ryan, Mark Darrow, Trust Codes, Synlait, A2 Milk, David Bortolussi.
