UPDATE: Wellington's Chow brothers plan to list on NZAX via RIS Group

Mon, 09 Nov 2015

(Adds comment from the Chow brothers) By Tina Morrison Nov. 9 (BusinessDesk) - Wellington businessmen John and Michael Chow, the property developers and brothel owners, plan to list some assets on the NZAX market by taking over shell company RIS Group. RIS Group agreed to accept a conditional offer from trusts associated with the Chows which would see it buy the shares in the brothers' 16 Park Avenue company on Feb. 22, 2016, for about $7 million, through the issue of shares, plus $500,000, the Wellington-based shell company said in a...

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