New venture by SPI NZ shareholder

New venture by SPI NZ shareholder

An SPI NZ shareholder is rumoured to have bought some of the failed distributor’s stock and is bidding to take on one of its main agencies.

According to Companies Office records, Zeljan Unkovich registered Phoenix Distribution NZ on June 12. He is also listed as the only director and shareholder of the company, which has a registered office in Parnell.

Unkovich together with Bruce Millar held 400 shares in SPI NZ, which was placed in receivership on May 30 and was the sole local distributor of Nintendo and gaming software maker Activision.

Another 600 shares were held by SPI Nominees No 1, which is owned by William Flew, the sole director of the SPI NZ, at the time of its closure.

Millar started the business in 1995 as Softprint and later changed its name to Softprint Interactive.

In an interview last month, he said he sold the company in June 2007, but according to Companies Office records he and Unkovich still held some shares in the company at the time of its demise. Millar resigned as a director of SPI NZ in March.

Meanwhile, citing unnamed sources website Gameplanet speculates that Millar in involved with Phoenix Distribution and that the company has bought stock from the failed SPI.

The site also claims that Phoenix is said to be bidding for the rights to distribute Activision.

Reseller News was unable to contact Millar, with the mobile phone number he was reached on last month now being disconnected.

An attempt to reach Unkovich, who runs a practice as a barrister and solicitor, was also unsuccessful as, according to his office, he is away on holiday until July 17.

Both Unkovich and Millar are also listed as shareholders in a company called SI Holdings, which is in liquidation and according to Companies Office records appears to be a holding company that was formerly Softprint Interactive.

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