Kerr reveals Torchlight plans for South Canterbury Finance
Pyne Gould Corporation subsidiary Torchlight Investment Group is keen on buying some South Canterbury Finance assets as it looks to reinvest a taxpayer-funded $100 million payout following the Timaru company's receivership.
Duncan Bridgeman Wed, 01 Sep 2010
Pyne Gould Corporation subsidiary Torchlight Investment Group is keen on buying some South Canterbury Finance assets as it looks to reinvest a taxpayer-funded $100 million payout following the Timaru company’s receivership.
The group’s chairman, Sydney-based Kiwi investor George Kerr, told NBR the
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