| Investment Services is an
investment manager with a portfolio of over $60
million of quality assets. Our philosophy is
based on identifying superior investment
opportunities for investors and managing those
investments to maximise the long term returns
to owners.
Fraud Update
July 2019
There is little
to report on at the end of July. As reported in
May a number of assets of the person involved
are being marketed for sale. There is no
interest at this time.
The SFO have
provided no information regarding their
investigation.
We have been
successful with our remission request to Inland
Revenue for Superstore Properties. Inland
Revenue have remitted the late payment
penalties and interest associated with the late
filing of the affected DWT returns.
A similar
request relating to First NZ Properties has
been considered. Currently Inland Revenue have
agreed to remit the late payment penalties and
interest associated with the late filing of the
affected DWT returns. They are still reviewing
the request relating to the GST
returns.
Previous Updates
May
2019 Fraud Update
March
2019 Fraud Update
February
2019 Fraud Update
January
2019 Fraud Update
14
December 2018 Letter to Shareholders
6
November 2018 UPDATE
27
September 2018 Letter to
Shareholders
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