NZCity NewsLinks -

All Links

23 Jun 2024

Search

Shareholders file action over collapse of Intueri
Shareholder action begins over collapse of education provider.

Intueri class action signs up 300 investors with $50m of losses
The class action against Intueri Education Group and its promoters, including ASX-listed Arowana, has signed up about 300 retail and institutional shareholders with losses of about $50 million.The class action arising from Intueri's...

Intueri promoter keeps mum on potential A$100m class action suit
The Australian promoters of the $177 million Intueri Education Group float on the NZX in 2014, Arowana and its executive chair Kevin Chin, believe the threat of a class action against it has "no prospects of success." Although the firm of Adina Thorn Lawy

Shareholders in collapsed Intueri Education going to court
Mum and dad shareholders lost $177 million in the Intueri Education collapse.

Intueri liquidators hire lawyers, gets advice on possible suit 'against various parties'
The liquidators of Intueri Education Group, which had its salvageable assets sold under administration last year, hired lawyers and got advice on possible legal action against parties associated with the failed education provider

Liquidators appointed for Intueri Education Group
Liquidators have been appointed for Intueri Education Group after ACG Education, the private equity-owned education services provider, bought its assets

MARKET CLOSE: NZ shares rise, Air NZ at 16-year high and Restaurant Brands hits record after investor updates
New Zealand shares rose, led by Air New Zealand and Restaurant Brands New Zealand, while Intueri Education Group's shares were suspended as the company went into voluntary administration.

Intueri calls in administrators and signals sale imminent
Education firm Intueri has gone into voluntary administration and says a sale of its New Zealand schools will happen soon.

Vocational training provider struggles to stay afloat
Intueri Education's failed sale of its dive training school has left its future in doubt, with sales of its other schools believed to not be enough to cover its debts.

Intueri's promoter, Arowana, suspends ASX trading
ASX-listed Arowana International, the company that promoted the float of failed NZX-listed Intueri Education Group, has asked for trading in its shares to be suspended pending an announcement."Unless ASX decides otherwise, the securities...

Intueri promoter Arowana reacts to potential A$100m class action suit
The Australian promoters of the $177 million Intueri Education Group float on the NZX in 2014, Arowana and its executive chair Kevin Chin, believe the threat of a class action against it has "no prospects of success."Although the...

Intueri directors, promoters face class action
More than 800 shareholders in failed education provider Intueri finally have a chance to claw back some losses through a class action funded by LPF Group.The proposed action, led by prominent Auckland lawyer Adina Thorn and barristers...

Intueri's New Zealand schools sold to ACG Education division
The local schools of troubled education firm Intueri, including the New Zealand Institute of Sport and New Zealand College of Massage, have been sold.

Vocational training provider in voluntary administration
Troubled vocational training company Intueri has been placed in voluntary administration after failing to trade its way out of debt.

Training provider Intueri calls in administrators and signals sale imminent
Education firm Intueri has gone into voluntary administration and says a sale of its New Zealand schools will happen soon.

Intueri in voluntary administration; bid less than value of debt
Intueri Education Group has been placed into voluntary administration after a strategic review garnered an offer for its operating assets that is less than the value of its debt.The company said the move only affects the parent...