Receivers see handover of Mainzeal projects in the near future

Wed, 20 Feb 2013

Feb 20 (BusinessDesk) - Receivers for the collapsed Mainzeal Property and Construction say they hope to see work resume or responsibility returned to clients "in the near future" on the numerous projects that stopped in their tracks three weeks ago, when the receivership was announced. The second largest construction firm in the country, Mainzeal announced its receivership on Waitangi Day, Feb 6. The collapse came out of the blue for its 440 permanent staff and thousands of sub-contractors on sites across New Zealand, especially as the constru...

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