Monday 24th January 2011 2 Comments |
Text too small? |
A company which markets vouchers for adventure activities in New Zealand has gone into liquidation, meaning voucher holders will not get the thrills they have paid for.
Liquidator Paul Sargison, of Gerry Rea Partners, said about $250,000 of the Total Experience vouchers were outstanding. The vouchers had an eight-month life and people did not always redeem them.
The vouchers were mostly freedom vouchers, which could be used to book a number of experiences. Voucher holders could no longer use them and become secured creditors of the company.
The liquidator is expected to file a report shortly.
NZPA
GEN - Completion of Purchase of Premium Funding Business
Fletcher Building Announces Executive Appointment
WCO - Director independence determination
AIA - welcomes Ngahuia Leighton as 'Future Director'
Mercury announces Executive team changes
Fonterra launches Retail Bond Offer
October 29th Morning Report
BIF adds Zincovery to its investment portfolio
General Capital Resignation of Director
General Capital subsidiary General Finance update