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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 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.

South Canterbury Finance To Repay Private Placement Holders

South Canterbury Finance To Repay Private Placement Holders
Wellington, Oct 15 NZPA - South Canterbury Finance said it will repay its $US100 ($NZ135) million private placement facility over 5.5 months.

South Canterbury Finance Announcement Pending

South Canterbury Finance Announcement Pending
Wellington, Oct 15 NZPA - South Canterbury Finance is signalling that it will make a material announcement. Trading in the finance company's listed debt securities was halted this afternoon pending an announcement.

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.

Liquidator Of Collapsed Broker Hopeful Of Rescue Package

Wellington, July 24 NZPA - Collapsed share broker and investment advisory firm von Dadelszen and Co is facing losses of more than $500,000 -- but the liquidator may be able to present a rescue package to a group of worried clients within days.

Marac Launches Secured Bond Offer

Wellington, June 23 NZPA - Demand continues to be strong for loans to buy agricultural equipment and in connection with infrastructure projects, finance company Marac says.