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Hot Topic NBR Focus: GMO
Hot Topic NBR Focus: GMO
2 mins to read

PGC promises 'vigorous defence' of Caymans action

Company responds to court challenge from Crown and ACC.

Tim Hunter
Fri, 24 Jul 2015

Listed investment company Pyne Gould Corporation [NZX: PGC] is promising a vigorous defence of Cayman Islands legal action brought by New Zealand government co-investors in its Torchlight fund.

This week NBR revealed Crown Asset Management and ACC are parties to a lawsuit filed in the Grand Court

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Tim Hunter
Fri, 24 Jul 2015
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PGC promises 'vigorous defence' of Caymans action
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