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Brent King

IRG says made profit but write downs could have impact

Wellington, May 11 NZPA - Investment group IRG says it made an unaudited full year profit from operations of about $175,000, but the result is provisional and could be adversely affected by write downs in the carrying value of assets.

Exercise Of Warrants Seen Strengthening IRG Balance Sheet

Exercise Of Warrants Seen Strengthening IRG Balance Sheet
Wellington, Aug 7 NZPA - Investment Research Group (IRG) managing director Brent King's investment vehicle today exercised about 4 million 6c IRG 2011 warrants.

IRG Breaches Covenants, Needs $500,000, In Talks With Bankers

IRG Breaches Covenants, Needs $500,000, In Talks With Bankers
Wellington, Aug 5 NZPA - Investment adviser Investment Research Group (IRG) has breached its banking covenants and needs to raise about $500,000. The company was negotiating with its bankers, who had advised they did not propose to take action at this time, IRG said.

IRG To Sell One Of Its Financial Advisories

IRG To Sell One Of Its Financial Advisories
Wellington, May 19 NZPA - Financial advisory Investment Research Group Ltd (IRG) is selling its Auckland-based funds management business The FUM Business to The Business Bakery LP subsidiary Macrocarpa Holdings Ltd.

Lessons In Finance Company Debacle For Former Boss

By Pam Graham of NZPA Wellington, Sept 4 NZPA - The losers in the meltdown of the finance company sector have not just been so-called mum and dad investors.

Investments Push Viking Capital To $15.2 Mln Annual Loss

Wellington, June 13 NZPA - Viking Capital blamed poor performing investments for its annual net loss of $15.2 million, with a plunging share price in Dorchester Pacific and receivership of ICP Biotechnology.

Viking Capital Says Will Be Hit By Icp's Receivership

Wellington, May 16 NZPA - Viking Capital said today it would take a hit by the "unexpected" announcement that ICP Biotechnology had been put into receivership.

Creditor Appoints Receiver For ICP Bio

Wellington, May 15 NZPA - One of ICP Biotechnology's four secured lenders has called in the receivers, in addition to the voluntary administrators appointed by directors yesterday.

ICP Goes Into Voluntary Administration

Wellington, May 14 NZPA - Biotech stock ICP Biotechnology has gone into voluntary administration.

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