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Allan Hubbard

Corporate Fixer Heads South Canterbury Finance

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

The Brave Were Rewarded This Year On The Sharemarket

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.

South Canterbury Finance Chief Executive To Leave The Company

South Canterbury Finance Chief Executive To Leave The Company
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.

South Canterbury Appoints Three Independent Directors

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.

South Canterbury Finance Repays $US50m

South Canterbury Finance Repays $US50m
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.

South Canterbury Finance Registers Prospectus

South Canterbury Finance Registers Prospectus
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.

Audit Shows Smaller Loss By South Canterbury Finance

Audit Shows Smaller Loss By South Canterbury Finance
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.

South Canterbury Finance Reports Loss, Welcomes Guarantee News

South Canterbury Finance Reports Loss, Welcomes Guarantee News
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.

South Canterbury Downgrade Triggers Review By US Investors

South Canterbury Downgrade Triggers Review By US Investors
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.

South Canterbury Finance Rating Is Cut By S&P

South Canterbury Finance Rating Is Cut By S&P
Wellington, Aug 13 NZPA - South Canterbury Finance has had its credit rating cut to a non-investment, or junk, grade by Standard & Poor's.

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