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Phillip Kingston breaks silence on Sargon collapse miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
The AFR launches true crime podcast, The Sure Thing The Australian Financial Review. The Sure Thing explores how $10,000 of seed money was turned into $7.8 million in just nine months. The AFR said the podcast delves into temptation, greed, betrayal and a dream of creating Australia’s Wolf of Wall Street, The series is hosted by two-time Walkley Award winner, Angus Grigg, who is The AFR’s investigative reporter. The six-part podcast is sponsored by McGrath Nicol. “When university friends Christopher Hill and Lukas Kamay caught up during a ‘two-day piss-up’ in 2013, they hatched a near perfect plan to commit under-the-radar insider trading, agreeing to work towards the relatively modest profit of $200,000. ....
The lodge was owned by Belgium-based Worldwide Leisure Limited. In the application, the investors said they intended to continue operation of the Huka Lodge business and expand the main lodge and develop new spa and gym facilities. Supplied The Overseas Investment Office has given the green light for the sale of Huka Lodge to a United States-based private equity firm. The primary benefits of the sale included the creation of about four new permanent full-time roles and 25 temporary roles, an increase in exports due to the investors’ extensive and established distribution network, advancement of Tourism NZ’s premium sector strategy and the introduction into New Zealand of additional investment, according to the Overseas Investment Office (OIO) decision. ....
Yet Kumar s vision of a mega-store could have worked, according to some in the industry. Since the liquidation, Kumar has not commented to media, but off the record friends say that he is a man respected in his community and the retail sector. JASON DORDAY/Stuff Vinod Kumar discusses his vision for his Nido homeware and furniture store in 2019. He is president of the Hindu Council and had considerable experience with Mitre 10 Mega, one of the country s first big box retailers. Kumar was also not a man adverse to risk. Coming from Fiji to New Zealand to study civil engineering, he reportedly put his own personal fortune on the line to get Nido off the ground. ....