Published on
Mar 25, 2025
Tauranga electric motorcycle maker Ubco owes $36m, potential purchaser emerges
Parties with a General Security Agreement, which grants a lender a security interest over the borrower’s assets, are owed $7.1m. Both companies also owe Inland Revenue $836,545 in GST and PAYE. No money is owed to staff. Receivers said all 31 staff were …
Source:
The New Zealand Herald
-
Neutral
