Three Auckland construction companies placed into liquidation owing millions
Three Diamond Group companies owned by Lining Wan have been liquidated, owing millions to creditors.
Three related Auckland construction companies—Diamond Construction, D&L Development, and Diamond Homes—have been placed into liquidation. The companies are estimated to owe between $16 million and $18 million to over 160 creditors. The liquidation was initiated on 28 July.
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NZ Herald
Three Auckland housing companies owned by Lining Wan in liquidation owing about $18m
The related companies are estimated to owe over $18m to more than 160 creditors.
BusinessDesk
Three related Auckland construction firms in liquidation, $16.49m owed
A group of Auckland construction companies has been tipped into liquidation, with related-party debt totalling over $16 million. Three “Diamond Group” entities, Diamond Construction, D&L Development, and Diamond Homes, were put into liquidation on July 28.