Masterton Investments successfully sues ManukaMed owner

Masterton Investments successfully sues ManukaMed owner
The property Denis Watson tried to buy at 1 Edwin Feist Place, Mastertson. (Image: Google Maps)
Riley Kennedy
ManukaMed owner Denis Watson has lost a court battle after he failed to comply with a settlement notice on a Masterton property that he intended to buy nearly four years ago.The proceedings came about after Watson put in an offer to purchase a property for $1.7 million, in November 2019, from Masterton Investments Ltd (MIL) – a company owned by Rohan and Simon Salisbury.The pair, who both live in Australia, put the property, at 1 Edwin Feist Place, on the market a few months earlier with the company’s operations moving away from the...

More Finance

FMA sues InvestNow over historic AML breaches
Finance

FMA sues InvestNow over historic AML breaches

The alleged breaches occurred between 2018 and 2022.

Staff reporters 20 Dec 2024
$400m Christmas bonus for Cryptopia victims
Finance

$400m Christmas bonus for Cryptopia victims

This is the first big payout since a hack and theft in 2019.

Pattrick Smellie 20 Dec 2024
ComCom plans to cap credit card surcharges
Finance

ComCom plans to cap credit card surcharges

Plan would save Kiwi shoppers millions. 

Staff reporters 18 Dec 2024
Audit fee rise is NZ playing ‘catch up’
Finance Auditing the Auditors

Audit fee rise is NZ playing ‘catch up’

Auditors have relied on importing talent, says NZSA's Oliver Mander. 

Murray Jones 18 Dec 2024