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Receiver's report on Central Installation reveals bigger loss

Victoria Young
Fri, 20 Dec 2013

The first receiver's report on failed insulation company Central Insulation anticipates a bigger shortfall than first reported by liquidators.

The report says the total debt is $1.55 million, of which BNZ is owed $734,784. A further $50,186 is owed to staff and the IRD is owed $225,978. The

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Victoria Young
Fri, 20 Dec 2013
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Receiver's report on Central Installation reveals bigger loss
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