SML - Synlait Milk Ltd

[nzsharetrade]

for fun

https://www.glassdoor.co.nz/Reviews/...s-E1397024.htm

[dreamcatcher]

for fun

https://www.glassdoor.co.nz/Reviews/...s-E1397024.htm

Any employer that expects staff to work overtime for free as part of their job or fires employee's for no reason should be reported.

This is NZ and NZ's law applies here

[pg0220]

Any employer that expects staff to work overtime for free as part of their job or fires employee's for no reason should be reported.

This is NZ and NZ's law applies here

Working for an asian boss, what do you expect. Firing people for no reason? They might have been ones trying to fight against the company culture. My missus used to work for a similar one as well. She was luckily on wages so she could get all payments for her OT but those on salaries couldn't ask for any OT payment. Fortunately, they finally got a big warning from IRD in the end though

[nzsharetrade]

Heres the family tree as best as I can tell

Thanks for sharing.

[Beagle]

https://www.nzherald.co.nz/business/...ectid=12235503

I don't subscribe but you get the idea from the first few lines that this is looking likely to be massively problematic for SML.
Worst case scenario is looking more and more likely almost by the day...

[Baaarney]

Thanks for sharing, its quite a web of interests

[THEONE]

Thanks again Minimoke..Stonehill and synlait obviously stuffed up big time..
I am curious what peoples opinion on NZIPL actions?

My thinking on what I have read. he must of known and is just being oportunistic..

Business is business, but seems like is just Manipulating situation for a big payout..
Legally correct but not cricket...I will not by any GMP Dairy products..

[minimoke]

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[dreamcatcher]

Thanks again Minimoke..Stonehill and synlait obviously stuffed up big time..
I am curious what peoples opinion on NZIPL actions?

My thinking on what I have read. he must of known and is just being oportunistic..

Business is business, but seems like is just Manipulating situation for a big payout..
Legally correct but not cricket...I will not by any GMP Dairy products..

Very opportunistic certainly not cricket probably imo will end back in court which may find a solution on fair value compensation for his loss.
Then its who pays Synlait - Stonehill - Lawyers - Council issuing resource consent and building permit.

30yrs ago I seen a massive complete building moved in Wellington 300m down the road. Could be plan B ??

[minimoke]

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