Powerhouse writes down value of SolarBright investment to zero
Powerhouse lawyers have written to SolarBright founders warning of possible court action.
Powerhouse has written down the value of its stake in investee company SolarBright to zero.
The Christchurch-based tech incubator told the ASX it has detected several potential accounting and legal irregularities at the company, including in SolarBright’s entries on New Zealand public registers,
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Calida Smylie
Tue, 30 Jan 2018
Tue, 30 Jan 2018
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Powerhouse writes down value of SolarBright investment to zero
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