A Pacific Aerospace liquidators report has revealed the April purchase of the troubled Hamilton aeroplane manufacturer was for $5.1 million, a significant shortfall to creditors’ claims.
Liquidators Khov Jones were appointed to the company in February, and released a six-monthly report
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).