‘Collateral damage’ – PwC will destroy any Du Val value: investor
The FMA should continue looking under the covers for ‘conspiracy’, but biggest minority shareholder says let us get on and run the Du Val Property business.
Karl Lindeman, Du Val Property’s second-largest shareholder.
The 66 shareholders in the Du Val Property Group feel as though they’ve been abandoned, both by the directors of the firm and by its statutory managers.
What they do believe is that the latter, court-appointed interim receivers PwC New Zealand, is diluting whatever value still lies in the company
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