Queenstown real estate drives $28m gain for PGC fund
Latest valuation yet to be disclosed to NZX.
Tim Hunter Fri, 01 Jul 2016
Pyne Gould Corp’s [NZX:PGC] Cayman subsidiary, Torchlight, has notified its private investors of a $A26.6 million ($27.9 million) value gain, although no disclosure has so far been made to the NZX.
Shares in PGC resumed trading on the NZX on June 13 after an eight-month suspension for failing to
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