Accounts overdue at Airwork, Chinese securities case hovers over shareholder of parent company

Accounts overdue at Airwork, Chinese securities case hovers over shareholder of parent company
Airwork delisted from the NZX in 2017. (Image: NZME)
Denise McNabb
The problems are piling up for Airwork with overdue accounts and a case filed by China's securities regulator against the controlling shareholder of Airwork's parent company.General aviation company Airwork Holdings has told the Ministry of Business, Innovation and Employment (MBIE) it anticipates filing overdue accounts for the year to December 2023 by the end of this month to avoid $7,000 infringement penalties for each of its directors for breaching the Financial Reporting Act over failing to file on time.The accounts should have bee...

More Trade

Carmakers still scrambling to get rare-earth magnets
Cars

Carmakers still scrambling to get rare-earth magnets

A deal to free up Chinese shipments hasn’t sped up export approvals, companies say.

Selling Kiwifruit at Beijing’s $5b-a-year department store
Primary Sector

Selling Kiwifruit at Beijing’s $5b-a-year department store

Turns out the personal touch helps sell kiwifruit at a high-end Chinese supermarket.

Dileepa Fonseka 24 Jun 2025
Imports matter too
Opinion

Dileepa Fonseka: Imports matter too

What do NZers hope the PM is bringing back from China?

Dileepa Fonseka 23 Jun 2025
A $200b a year opportunity in cosmetics just opened up
Editor's Picks

A $200b a year opportunity in cosmetics just opened up

A de facto ban on beauty products exported from NZ to China has been lifted.

Dileepa Fonseka 19 Jun 2025