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Pyne Gould Corporation Limited

NZ sharemarket drifts lower

NZ sharemarket drifts lower
Wellington, Oct 12 NZPA - The New Zealand sharemarket drifted lower today, in the absence of corporate news and clear leads from offshore markets.

Proposed banking group names board, executives

Wellington, Oct 5 NZPA - The companies working toward merging to establish a listed banking and financial services group have named a board of directors and designated executive team for the new entity.

New Zealand sharemarket falls 1.5 percent

New Zealand sharemarket falls 1.5 percent
Wellington, Sept 30 NZPA - The New Zealand sharemarket was shaken today by a fall in Fletcher Building shares on disappointing building consent data in both Australia and New Zealand.

Marac secures rights to promote Holden

Marac secures rights to promote Holden
Wellington, Sept 7 NZPA - Marac Finance announced it has secured the rights to promote Holden Financial Services, Holden Finance, and Holden Insurance, further expanding its vehicle financing book.

Torchlight gets money, seen at the table for SCF fallout

Wellington, Sept 2 NZPA - Torchlight Fund may have invested in South Canterbury Finance (SCF) hoping for a receivership to put itself at the table for the sorting out process, according to an investor in Pyne Gould Corp (PGC).

Consequences of guarantee and SCF collapse debated

Consequences of guarantee and SCF collapse debated
Wellington, Sept 1 NZPA - The focus turned today to who will buy the assets of South Canterbury Finance and the unintended consequences of the Retail Deposit Guarantee Scheme.

Pyne Gould returns to profit, with focus on core strengths

Pyne Gould returns to profit, with focus on core strengths
Wellington, Aug 26 NZPA - After a year ago reporting a loss when it wrote down the property development book of finance arm Marac, Pyne Gould Corporation has announced a net profit of $22 million for the latest year.

NZ sharemarket outperforms other markets but ends down

NZ sharemarket outperforms other markets but ends down
Wellington, Aug 25 NZPA - The New Zealand sharemarket fell today but to a lesser extent that other markets and diversified industrial company Skellerup provided a bright spot.

NZ sharemarket rises, DNZ Property debuts at premium

NZ sharemarket rises, DNZ Property debuts at premium
Wellington, Aug 16 NZPA - DNZ Property Fund listed today at a premium to its offer price on a New Zealand sharemarket that held its ground while other markets fell as the reporting season cranked up.

NZ sharemarket flat early

NZ sharemarket flat early
Wellington, Aug 16 NZPA - DNZ Property Fund listed on the NZX main board today at 99c, slightly up on the 97c a share offer price set by a bookbuild process.

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