Wellington, March 1 NZPA - Timaru-based businessman Allan Hubbard is strengthening South Canterbury Finance by putting his family company's shareholdings in Helicopter (NZ) Ltd and Scales Corp Ltd into the lender.

Wellington, Dec 29 NZPA - Corporate fixer Sandy Maier has been appointed chief executive of under pressure South Canterbury Finance.

By Pam Graham of NZPA Wellington, Dec 23 NZPA - It was carnage out there at times on the New Zealand sharemarket this year and yet the price market operator NZX trades at on its own exchange doubled.

Wellington, Nov 26 NZPA - South Canterbury Finance Ltd chief executive Lachie McLeod is leaving the finance company, shareholders were told at the annual meeting in Timaru today.

Wellington, Oct 30 NZPA - South Canterbury Finance Ltd (SCF), which has signalled a period of succession planning, today named three new independent directors to its board. They are Bill Baylis, Stuart McLauchlan and Denham Shale.

Wellington, Oct 29 NZPA - South Canterbury Finance (SCF) has repaid $US50 million ($NZ68.4m) of a $US100m private placement it was required to repay after a credit downgrade.

Wellington, Oct 20 NZPA - South Canterbury Finance (SCF) has registered a new prospectus and is reiterating that it intends to apply to participate in the extended crown deposit guarantee scheme.

Wellington, Oct 1 NZPA - The audit of South Canterbury Finance's annual results, now ready after taking longer than expected, shows a smaller net loss than reported in earlier preliminary figures.

Wellington, Aug 28 NZPA - South Canterbury Finance today reported a $69 million loss, its first bottom-line loss since 1934. A loss was signalled and has already been called disappointing by shareholder and chairman Allan Hubbard, who has injected new capital in the business.

Wellington, Aug 14 NZPA - The downgrade of South Canterbury Finance's credit rating to junk grade by Standard & Poor's will trigger a review of a $US100 ($NZ149) million private placement facility in the US.