Assessing whether a trustee is meeting their obligations is often misunderstood so lets look at the facts
Whakarewarewa Village Trust is an Ahu Whenua Trust established prior to significant development in Whakarewarewa VIllage.
Māori reservations are a very common land holding structure.
A Māori reservation can be established over both Māori freehold and general land under Te Ture Whenua Māori Act 1993.
Based in Nelson, the shareholders in the Wakatū Incorporation descend from four iwi/hapū comprising of Ngāti Koata, Ngāti Rārua, Ngāti Tama, and Te Ātiawa.
Over half (60%) of all PKW shareholders are missing and although they try to find these shareholders it is a constant challenge. As a result of missing shareholders they hold over $4.8M in unclaimed dividends.
The short answer is that it is the most common type of Māori land trust. Ideally they are used to promote the use and administration of Māori land – often for commercial purposes – in the interest of the beneficial owners.
With over $2 million in unclaimed dividends in order to reach as many shareholders as possible, where Wakatū holds unclaimed dividends they list shareholders' names on their website.
With over $900,000.00 in unclaimed dividends we need contact details so we are able to send you information to apply for these dividends.
If you were the beneficiary of a parent's and grandparent's land interests and there are still outstanding unclaimed dividends it means the shares were missed from the application for succession.
Pages in the Tangata Whenua Network are generally for the purpose of Organisations to connect and communicate with owners, shareholders or beneficially entitled persons.
It is important to learn about what, why and how the different governing bodies are created and associate areas of significance.