PropertyFinance Group to pay creditors in shares No Source Christchurch-based mortgage lender PropertyFinance Group Ltd (PFG) is to pay some creditors in shares and is also offering to convert redeemable preference shares into ordinary shares. |
Stockholders favour 'wind-down plan' The Press Propertyfinance Securities Ltd debenture stockholders today voted overwhelmingly in favour of a new "wind-down plan" which will be managed with a ''financial adviser'' chosen with the help of trustee Covenant Trustee Co. |
Propertyfinance suspended No Source The stock exchange today suspended trading in the securities of NZAX-listed Propertyfinance Group (PFG) because it has not provided full-year results. |
Decision time for Propertyfinance No Source Propertyfinance Group is holding a special meeting for secured debenture stockholders on June 29 to choose between continuing with a wind-down or receivership. |
Propertyfinance, trustee off to court The Press Propertyfinance Group is at odds with its trustee over its plan to reduce payments to investors. |
PFG announces half year loss No Source Property Finance Group (PFG) says it is making progress on winding down its principal trading subsidiary Property Finance Securities and tidying up the group. |
Property Finance shares suspended NZPA Propertyfinance Group Ltd shares were suspended today after the company failed to file an annual report for the year ending March 31, 2008. |
Property Finance result twice as bad No Source Stricken NZAX-listed Propertyfinance group (PFG) today reported a $6.7 million loss for the March year, twice as bad as it reported in a preliminary report in April. |