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Its assets are yet to be confirmed. In the lead up to the appointment of receivers Villa Maria came under pressure due to issues with the group s financial structure, the report said. The group had been running a process to raise equity and sell surplus land in Mangere, Auckland. Receivers had helped Villa Maria directors sell the land, it said. Shares in Villa Maria were being sold but details relating to the sale process were commercially sensitive, the report said. In May Gibson said Villa Maria had been looking to raise capital. New investment or a sale of shares had been considered, and it was decided all shares in Villa Maria Estate would be sold, he said at the time.

New zealand generalNew zealandAlan stuartBrendon gibsonKaren fistonichNeale jacksonVilla mariaMay brendon gibsonCalibre partnersVilla maria estateMay gibsonSir georgeபுதியது ஜீலாந்துஆலன் ஸ்டூவர்ட்பிரெண்டன் கிப்சன்நீல் ஜாக்சன்