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Hot Topic SCIENCE
Hot Topic SCIENCE
General Business
3 mins to read

Cash crunch for Kerr’s Torchlight fund

Fund struggles to pay a $27m legal settlement.

Tim Hunter Fri, 08 Jan 2021

The Cayman Islands-registered Torchlight fund controlled by NBR Rich Lister George Kerr is facing a cash crunch from a A$25.5 million ($27m) legal settlement with dissident shareholders.

Accounts filed to the International Stock Exchange in Guernsey, where Torchlight’s 70.3% owner Pyne Gould

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Tim Hunter Fri, 08 Jan 2021
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Cash crunch for Kerr’s Torchlight fund
General Business,
86051
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