Motim sale to US shell proceeds after Powerhouse bumps up voting power
The deal was heavily criticised by other shareholders, who say there are a few twists to go yet.
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Hawke’s Bay
The sale of local software company Motim Technologies NZ to a US-based shell company has gone ahead after largest shareholder Powerhouse Ventures bumped up its voting power.
But other shareholders are furious the deal, which they believe lacks substance and circumvents creditors, has been pushed
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Calida Stuart-Menteath
Tue, 05 Jun 2018
Tue, 05 Jun 2018
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Motim sale to US shell proceeds after Powerhouse bumps up voting power
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