PHOTO: STUFF – Orange‐H Group owes creditors about $30m, but has claims outstanding with customers of more than $20m, cash‐backed bonds of $14m and further retentions owing.
Construction firm Orange-H Group, set up to run legacy projects for Hawkins after its sale to Downer, has been put into receivership.
It comes 10 days after it was told to pay $13.4 million towards repairing leaky buildings at Botany Downs Secondary School, in Auckland.
In a statement, spokesman David McConnell confirmed Andrew Grenfell and Conor McElhinney, of McGrath Nicol, had been appointed receivers.
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