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Perpetual Trust

Pyne Gould Corp Says It Is Time To Tidy Up The Boardroom

Pyne Gould Corp Says It Is Time To Tidy Up The Boardroom
Wellington Oct 30 NZPA - In the wake of its massive capital raising, Pyne Gould Corp has signalled a boardroom shake up.

Pyne Gould Corp Announces $237 Million Rights Issue

Pyne Gould Corp Announces $237 Million Rights Issue
Auckland, Sept 23 NZPA - Pyne Gould Corporation (PGC) says its $237 million rights issue should give investors confidence in the company. "Doing nothing was, and is not an option," said director Bryan Mogridge.

PGC Makes Payment For Director's Company Contingent On Targets

PGC Makes Payment For Director's Company Contingent On Targets
Wellington Aug 28 NZPA - Finance group Pyne Gould Corporation (PGC) says it could deduct up to $8 million -- 43 percent of the purchase price -- from the amount it is paying for a small company controlled by its biggest shareholder.

John Duncan To Head New PGC Co Perpetual Asset Management

John Duncan To Head New PGC Co Perpetual Asset Management
Wellington, Aug 11 NZPA - Pyne Gould Corporation (PGC) has appointed John Duncan, a former senior Macquarie Group executive, as chief executive of its new asset management company, Perpetual Asset Management.

Trustees Open To Changes After Damning Finance Company Report

Wellington, March 22 NZPA - Trustee companies say they are open to new measures to protect investors after a report said their failings were partly responsible for a "tsunami" of finance company collapses.

Strategic Finance Reaches Agreement On Plan For Investor Vote

Wellington, Dec 2 NZPA - Strategic Finance has reached an agreement with Perpetual Trust and financier BOS International Australia on the terms of the planned moratorium to be voted on by investors this month.

Parent's Liquidation Not To Affect OPi Pacfic Investors: Trustee

Wellington, Nov 26 NZPA - The trustee for OPI Pacific Finance says investors will not be affected by the liquidation of parent company OPI New Zealand.

Marac Finance Profit Up, But Says `Impaired Assets' Over 11pc

Wellington, Aug 26 NZPA - Pyne Gould Corporation (PGC) finance company Marac Finance Ltd says its net operating income rose 17 percent to $70.2m in the year to June 30. It today posted a net profit after tax of $25.9m, an increase of 5 percent.

Marac Finance Profit Up, But Says `Impaired Assets' Over 11pc

Wellington, Aug 26 NZPA - Pyne Gould Corporation (PGC) finance company Marac Finance Ltd says its net operating income rose 17 percent to $70.2m in the year to June 30. It today posted a net profit after tax of $25.9m, an increase of 5 percent.

PGC Posts Record Profit, Claims It Has Weathered The Storm

Wellington, Aug 26 NZPA - Finance company Pyne Gould Corporation (PGC) today posted a 22 percent rise in net profit to a record $44.8 million for the year to June 30, much of it stemming from its PGG Wrightson venture.

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