One of Aubade Global Resources' directors already bankrupt

One of Aubade Global Resources' directors already bankrupt
Aubade Global Resources exported logs for its owner, Adoniss. (Image: Supplied)
Riley Kennedy
One of the directors of Aubade Global Resources had already been bankrupted by a court in Hong Kong before the liquidation of his New Zealand-based company started, court documents reveal.In early December, the forestry company was put into liquidation by the high court at Auckland on the application of the Union Bank of India, through its Hong Kong branch. The official assignee was appointed liquidator. It was formed in 2012 and owned forestry blocks throughout the country, which were expected to all be harvested by January this year...

More Finance

JPMorgan is revamping Its bank for the superrich
Finance

JPMorgan is revamping Its bank for the superrich

There is a minimum required balance of US$10 million. 

Port of Auckland to pay $45m special dividend to council
Finance

Port of Auckland to pay $45m special dividend to council

The divestment proceeds will be used to top up the Auckland Future Fund.

Oliver Lewis 27 Jun 2025
$600m in tourist spend at risk from regulation: Mastercard
Finance

$600m in tourist spend at risk from regulation: Mastercard

When Europe cut interchange fees, foreign card decline rates soared.

Pattrick Smellie 27 Jun 2025