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Hugh Green Investments

Dorchester Pacific raises $10.3m through entitlement offer

Dorchester Pacific raises $10.3m through entitlement offer
Wellington, Aug 24 NZPA - Finance company Dorchester Pacific says it raised $10.3 million through an entitlement offer, meaning all necessary conditions of its capital reconstruction plan can now be met.

Dorchester Pacific gets reconstruction plan through meeting

Dorchester Pacific gets reconstruction plan through meeting
Wellington, June 30 NZPA - Dorchester Pacific Ltd said a capital reconstruction plan was approved by security holders at a meeting in Auckland today. In December 2008, Dorchester's investors voted in favour of a deferred repayment plan.

Dorchester Pacific Shareholders To Vote On Liquidation

Dorchester Pacific Shareholders To Vote On Liquidation
Wellington, Feb 3 NZPA - Dorchester Pacific shareholders are to have a vote on putting the company into liquidation, but the group behind the resolution now thinks shareholders would be foolish to support it. The resolution is also seen as having no chance of success.

St Laurence 2nd Big Finance Company In Week To Hit Trouble

By Simon Louisson of NZPA Wellington, June 24 NZPA - St Laurence Ltd became the second major finance company within a week to strike major trouble. Heavily involved in lending to property developers, it said today it had stopped lending ahead of a likely default.

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