Torchlight takes litigation hit
PGC yet to disclose provision by its Cayman private equity fund.
NZX-listed investment company Pyne Gould Corporation has yet to disclose a $A26.3 million drop in the value of its Cayman Islands subsidiary Torchlight, although its managing director knew of the change in mid-May.
Information obtained by NBR reveals Torchlight’s chairman George Kerr, also PGC’s
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Tim Hunter
Thu, 13 Jul 2017
Thu, 13 Jul 2017
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Torchlight takes litigation hit
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