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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
3 mins to read

NZSA comfortable with Radius’s related party dealings

Radius Care paid its executive chair $400,000 in 2021 when it purchased a sale agreement from him.

Clare House in Invercargill.

The head of the New Zealand Shareholders Association says a property deal between Radius Care and its largest shareholder in 2021, which saw him paid $400,000, was in the “best interests of the company”.

The NZSA only became aware of the deal between the aged care provider and its executive

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Nicholas Pointon Wed, 13 Dec 2023
Contact the Writer: nicholas@nbr.co.nz
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NZSA comfortable with Radius’s related party dealings
Investment,
102124
true