Well, yes, though can't stop wondering whether this is another problem for them or a potential solution to their problem?
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On TRA thread they say it’s not thl things ablaze (or tra)
So it was thl
Insurance on case already
https://www.nzx.com/announcements/359142
Approx 10 motorhomes destroyed out of 200 odd on site. Main building is a write off looking at footage on stuff - https://www.stuff.co.nz/national/300...south-auckland
"It is a large building. Nearly 80 metres by 100 metres. There is campervans and various workshops and things inside the building," said Area Commander Auckland City Richard Twomey.
If the insurance fully covers the replacement value, then THL will get approximate $3,000x (100x80) = $ 24,000,000 insurance paid out for building plus equipment, 10 campervans.
Not sure who is the land owner, THL can shutdown that site directly and save some costs. The news said that they moved campervans to other site.
It is not that bad. They eventually will have large amount of cash.
If they do not own the building, then my above assumption is failed. They only have the paid out for 10 campervans, equipment and other things. They will shutdown the factory, maybe some job cuts. Anyway, I will hold and wait for the second announcement regards to the resolution of the insurance claim.