Latest fromPyne Gould Corporation
Pyne Gould's NZX suspension lifted
Pyne Gould Corp shares are allowed to trade again, ending a seven-month suspension.
Judge bars claim for $30m fee
About A$28 million in late payment fees charged on a A$37 million loan to George Kerr's Torchlight Fund are a penalty and cannot be enforced, a High Court judge has ruled.
Pyne Gould chair under fire
Pyne Gould Corporation chairman Bryan Mogridge faced a barrage of investor questions around auditing delays at the company's annual meeting in Auckland yesterday.
Kerr's Torchlight, put in receivership is 'an old shell'
Pyne Gould Corp., says the Torchlight Fund No 1 LP, which was placed in receivership, is "an old shell" in dispute over residual payments on a loan.
Ex-PGC boss denied $880k payout
Former Pyne Gould Corporation managing director John Duncan is not entitled to $880k of bonus shares or redundancy pay from the company and has been awarded only some $4k after an Employment Relations Authority fight.
PGC shares slump to record low
Shares in Pyne Gould Corp plunged to a record low after yesterday's annual meeting in Auckland.
Observers appointed for Perpetual funds
Two independent observers will keep tabs on Perpetual Trust's cash management and mortgage funds ahead of a substantial hearing early next month.
Fund frozen after FMA probe prompts rush for the door
Pyne Gould Corp subsidiary Perpetual Trust said it had placed its Mortgage Fund into moratorium.