Wellington, Aug 13 NZPA - Investors having trouble meeting living expenses because of the statutory management of Allan Hubbard's Aorangi Securities Ltd now have a mechanism set up by the statutory managers to address their needs.

Auckland, July 31 NZPA - Investors in several funds associated with South Canterbury businessman Allan Hbbard will be interviewed by the Serious Fraud Office (SFO) after it decided there was enough evidence to continue its investigation.

Wellington, June 22 NZPA - News of a Serious Fraud Office investigation into Allan Hubbard's Aorangi Securities, which has been placed in statutory management, was followed today by a credit rating downgrade on South Canterbury Finance in which Mr Hubbard is a key shareholder.

Wellington, March 31 NZPA - South Canterbury Finance is getting $22 million of new equity from Torchlight Fund No. 1 LP, a company associated with Pyne Gould Corp. This takes the amount of money injected into the finance company since December to more than $200m.

Wellington, Jan 11 NZPA - A public listing of the extensive South Island business interests of Timaru-based businessman Allan Hubbard is among the options being considered as a follow up to a successful private placement of convertible notes announced today that raised $27.5 million.

Wellington, July 8 NZPA - South Canterbury Finance is expecting to retain its investment grade rating, with shareholder Allan Hubbard to complete an underwrite guarantee shortly.