RYM - Ryman Healthcare

[macduffy]

http://www.stuff.co.nz/business/1223...id=app-android
Not good news and that's only half of it.

So, what's the other half, Diownz?

[BlackPeter]

Not a big deal of 100mil for Ryman , you sell and I will buy.
Ryman’s corporate affairs manager David King told Stuff work had stopped in affected areas but the company was “working through the issues with the council collaboratively, and we will resolve any issues”.
“We are still targeting to be able to move our first residents in around September 21. The council is aware of these dates, and we are working with them,” he said.
“The village represents a $100 million investment in Hawke’s Bay and will provide critical healthcare infrastructure for the area, as well as an economic boost at a difficult time. We turned our villages into safe havens during Covid-19 emergency, and they are built to provide safety and security for residents which we think will be even more important in the years ahead,” King said.

The notice listed 12 matters that did not meet Building Act requirements, including bricks in the walls not sitting correctly on foundations, and the cavity between the framing and the exterior walls being too small.

It also mentioned flashings that had not been fitted, vent covers being installed upside down and trenches dug that undermined foundations.

On June 26 the council told Ryman to cease work on exterior cladding and groundwork and to have the faults fixed by July 24 or it may face legal action.

Another visit by building control officers on July 8 revealed that timber wall framing in 42 units had not been erected straight enough. The council told Ryman to have this fixed by August 10.

I see what you mean - all peanuts for Ryman, though wondering whether they hired Metlifecares building contractors? I heard they are a great team to screw buildings up ....

But hey - how hard can it be to e.g. rectify the too small distance between bricks and framing or to straighten the framing? Just push the stuff away and start new. At the end it is just money - right? Does not stop a serious investor to back up the truck ... can't have too many .

[tomm]

I see what you mean - all peanuts for Ryman, though wondering whether they hired Metlifecares building contractors? I heard they are a great team to screw buildings up ....

But hey - how hard can it be to e.g. rectify the too small distance between bricks and framing or to straighten the framing? Just push the stuff away and start new. At the end it is just money - right? Does not stop a serious investor to back up the truck ... can't have too many .

There will be always some one stuff it up on the way of a business or any businesses whether it's a big pie or small potato. It doesn't nessesary to be accounted for the sp ( it is just temporarily once happened) and how they correcting and keeping the business moving forward to achieve for the greater will reflecting the sp. I am sure the one whom in charged will face serious misconduct behind close door.

[winner69]

The one built in Kilbirnie years ago was like that ....scaffold goes up regularly so the tradies with their buckets of sealant and stuff can do some ‘redecorating’

Doesn’t seem to have them back

[Dlownz]

I've known about this for weeks. It's a shambles out at Havelock.

[winner69]

See they want to increase the pool for Directors fees by 26% but not saying very much why and not releasing the report.

Greedy people ...esp seeingbthevworld is in turmoil

[limmy]

RYM virtual AGM is currently on line.

[tango]

Bring on the dancing girls. The presentation is slow and boring and the jokes are badly delivered

[limmy]

Yes, it's slow

Bring on the dancing girls. The presentation is slow and boring and the jokes are badly delivered

[macduffy]

Yes, it's slow

Never mind. Shareprice is up.