Kenyon Clarke speaks up, PwC to face Du Val shareholders

Kenyon Clarke speaks up, PwC to face Du Val shareholders
"Batshit crazy decision": Kenyon Clarke's unfiltered view on Du Val being in statutory management. (Image: Supplied)
Garth Bray
Two generations of a Waikato family are hoping for answers from Du Val group statutory managers this week, at a meeting set with minority shareholders.“All the family is hurting at the moment,” said the investor, whose name BusinessDesk has agreed to withhold.The working professional said he and his adult children had several million dollars tied up in the Du Val Opportunity Fund and had seen little return; “breadcrumbs, really,” he said.They had taken up the offer to exchange units in the fund for shares in a company th...

More Property

Du Val’s Clarkes ordered to deliver up
Property

Du Val’s Clarkes ordered to deliver up

Another court ruling in the Du Val saga. 

Victoria Young 20 Dec 2024
Nikki Connors retiring due to ‘mental and physical toll’
Property

Nikki Connors retiring due to ‘mental and physical toll’

Connors managed to starve off a freezing order this year.

Riley Kennedy 20 Dec 2024
Wayne Brown proposes new housing plan change
Infrastructure

Wayne Brown proposes new housing plan change

The mayor wants to ditch the current plan change and lodge a new one next year.

Oliver Lewis 20 Dec 2024
George Kerr loses appeal on BNZ debt
Property

George Kerr loses appeal on BNZ debt

BNZ is bringing bankruptcy proceedings against the expat investor over an $84m debt.

Maria Slade 19 Dec 2024