Real estate company in receivership

The real estate company set up by a Vietnamese refugee who arrived in New Zealand as a nine-year-old and became a multi-millionaire has been put into receivership.

Don Ha Real Estate, part of the Ray White Group, was placed in receivership on Thursday. Timothy Davies and David Ruscoe of Grant Thornton were appointed receivers and have taken over all the firm’s properties and assets.

Read the full article here > http://www.stuff.co.nz/business/industries/4787822/Real-estate-company-in-receivership