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2021 Canon Oceania Grants Program Continues Its Support For Community Projects


Tuesday, 15 June 2021, 10:34 am
Canon Oceania has opened submissions for its 2021 Grants
Program. Now in its 16th year Canon Oceania has supported
almost 80 schools, not-for-profits, and community groups
with more than $450,000.
Broad
Bay School, photo credit Otago Daily
Times
“At Canon, we are guided
by the Kyosei philosophy, which means living and working
together for the common good. This is even more relevant as
over the past 18-months New Zealand communities and
organisations have been significantly impacted., It is so
important for us to get behind them,” said Kim Conner,
Chief Executive, Canon New Zealand Limited.
For the
second year running, winners will receive an equal donation ....

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Nido's trading company owes $22.3m: Magsons Hardware's first receiver report out


Nido s trading company owes $22.3m: Magsons Hardware s first receiver report out
12 Feb, 2021 04:32 AM
3 minutes to read
The trading business of New Zealand s biggest furniture and homeware store owes $22.3 million in debts to staff and Inland Revenue but unsecured creditors will not get a cent.
Accounts in the first receiver s report
of the Henderson-based Magsons Hardware, trading as Nido, shows the extent of liabilities and how the business cannot pay those without security any of the $22.3m.
Liabilities are listed at $15.7m debts, $4.6m accounts payable, $666,000 employee provisions, $502,000 Inland Revenue deferral and $778,000 in other liabilities .
Kare Johnstone and Conor McElhinney of McGrathNicol said they were doing their very best to try to sell the failed business by continuing to operate it to generate money. ....

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