Auckland property developer goes bust, blames private lender
Armstrong Construction says it failed after its lenders withdrew financial support.
Armstrong founder and loan officer Anson Gao.
Nicholas Pointon
Tue, 18 Oct 2022
An Auckland-based property developer has pointed the finger at the private lending market for the company’s failure.
Armstrong Construction Corporation, formerly known as Grand Treasure Investment Limited, has gone into liquidation.
Liquidators Larissa Logan and Rhys Cain from EY were appointed by
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Nicholas Pointon
Tue, 18 Oct 2022
Contact the Writer: nicholas@nbr.co.nz
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