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Last contract not finished before liquidation: report
Last contract not finished before liquidation: report

Otago Daily Times

time05-05-2025

  • Business
  • Otago Daily Times

Last contract not finished before liquidation: report

A Mosgiel-based building company did not complete its last building contract prior to being put into liquidation, the first liquidator's report says. A&H 2016 Ltd was incorporated in March 2016 and operated in the residential building and construction industry. Its sole director and shareholder was Andrew Stuart John Innes. Trevor and Emma Laing, of Laing Insolvency Specialists, were appointed liquidators by a shareholders' resolution last month. In the report, the liquidators said Mr Innes had been requested to provide details about the factors that contributed to the company's financial situation, and they awaited his response. The company ceased trading some time prior to the date of liquidation and it was understood Mr Innes recently found employment in Australia. The liquidators had access to the company premises and had taken possession of the company assets that were on site. There were five registrations recorded on the Personal Property Securities Register at the date of liquidation, three for stock supplied and two for company vehicles and a leased printer. The liquidators had been advised the company had Inland Revenue liabilities, while liquidators were aware of nine unsecured creditors. The amounts owed were still being established. Given the limited assets available, it appeared unlikely there would be a dividend available to creditors, the report said. — APL

Student buzzing after breaking own world record
Student buzzing after breaking own world record

Otago Daily Times

time23-04-2025

  • Sport
  • Otago Daily Times

Student buzzing after breaking own world record

Ryan Yoon is in his final year of high school, is deputy head boy and has eight jobs. The Burnside High School student also holds the Guinness World Record for fastest man to run a half marathon while wearing a beekeeping suit. Ryan, 17, from Bishopdale, eclipsed his own world record by more than 20 minutes, finishing the Christchurch half marathon in 1hr 36min 24sec. 'I'm feeling a little sore,' he said on Tuesday. He had suffered cramp in his hamstring at the finish line. Ryan broke the world record for a half marathon in a beekeeping suit in December in Xiamen, China, in a time of 1hr 57min 35sec. The inspiration behind wearing the suit was to promote Ryan's partnership with Hive Energy and its natural sports gel. Ryan is a sales executive for the Mosgiel-based company and facilitates a running club in Christchurch, Hive Runners, under their brand. Hive Energy sponsored his races in China, where he ran four half marathons in 35 days, so he decided to create a buzz by wearing the beekeeping suit for all of them. 'The interest was the natural concept around health and performance. Honey and bees are quite sustainable,' he said. Ryan said the beekeeping suit weighed about 2-3kg. He had been conditioning himself ahead of the Christchurch race by training in the suit for three hours a week. 'Going to the gym and running on the treadmill, I had a few looks from people. I started with controlled conditions first, working up to running outside,' he said. The goal was to break one hour and 30 minutes. The suit did make it difficult. 'When you sweat it accumulates in the suit and started to get a bit claustrophobic, the more you run the heavier it gets, and I could I barely see anything.' What got Ryan home was the support from the home crowd, he said. 'Definitely the cheers of the crowd kept me going, had to fight through – it was physically demanding and I needed that mental component to keep going.' Outside of his record exploits, Ryan manages social media for Hive Runners, works at Tas Fish n Chips and is a videographer for Kebab Connection, Sweet Oasis, Yang's Fried Chicken, Mobil Riccarton, and Bishopdale Bakery and Coffee Lounge. He also manages the marketing for the kebab shop, petrol station and coffee lounge. He has been on the student council at Burnside High for five years and is deputy head boy. And he runs a minimum of 10 hours a week. 'I love it, it's good and there is that social element too.' Ryan reckons he sleeps an average six to seven hours a night. 'I'm constantly working - one eye shut and one eye open.' His next half marathon will be in Wellington in June - this time not in the beekeeping suit. 'I'll be so grateful to run normally and breath fresh air again,' he said. Ryan is unsure what he will study at university next year. 'I'm not quite set with what I want to do, I have an interest in management, sports exercise and physio – or may something with food technology,' he said.

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