One of Pyne Gould Corporation’s Torchlight funds, directed by takeover bidder George Kerr, has appointed receivers to ASX-listed RCL Group.
The move came after Torchlight Real Estate Fund yesterday demanded immediate repayment of RCL’s primary debt facility that Torchlight acquired in
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Matt Nippert
Thu, 23 Feb 2012
Thu, 23 Feb 2012
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PGC’s Torchlight tips ASX company into receivership
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