Former Pacific Edge chair Chris Swann in dispute over building company shares

Former Pacific Edge chair Chris Swann in dispute over building company shares
Chris Swann argued he made a $50,000 payment as he was required to. (Image: NZME)
Riley Kennedy
Dunedin businessman and former chair of Pacific Edge, Chris Swann, has gone to court claiming he didn’t get the shares owed to him in a Canterbury building company.Meanwhile, the existing shareholders argue the payment he made was for an overdue invoice.Between 2008 and 2016, Swann was the chair of Pacific Edge and has held multiple other directorships, including chair of Australian-based Frogtech Geoscience and chair of Waitaki District Health Services.The saleOn Nov 4, 2020, Swann signed a deal – called “the business agreeme...

More Finance

Officials MIA on banking competition, say critics
Finance

Officials MIA on banking competition, say critics

Over-regulation of the banking sector is blamed for stifling competition.

Heartland declares $49.6m impairment in NZ business
Finance

Heartland declares $49.6m impairment in NZ business

Heartland Group shares fell 12% in early trading.

Gregor Thompson 18 Feb 2025
Big banks scrubbing public mentions of DEI
Finance

Big banks scrubbing public mentions of DEI

Citigroup and others seek to avoid possible litigation and federal probes.

Toy entrepreneur quashes spec of NZME takeover
Finance

Toy entrepreneur quashes spec of NZME takeover

Zuru founder Nick Mowbray says a report speculating he could take over private media company NZME is wrong. On Friday morning, The Australian’s Data Room said “some wealthy Kiwis” were plotting to do something about the state of New Zealand’s media industry and cited Mowbray as a...

Victoria Young 14 Feb 2025