nzf group news
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NZF directors under fire
Auckland :: New Zealand | 1 year ago
Credibility
Past and current directors of publicly listed NZF Group are being accused of buying assets from a collapsed finance company subsidiary at below market value. The NZX-listed NZF Group was frozen last week by a High Court interim order, following an
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Receivers freeze NZF Group
Wellington :: New Zealand | 1 year ago
Credibility
Publicly listed finance company NZF Group has been frozen by receivers acting for its financier subsidiary, over concerns restructuring in 2010 amounted to an insolvent transaction. KordaMentha receivers Brendon Gibson and Grant Graham, acting for
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NZF Securities halted for third time
Wellington :: New Zealand | 1 year ago
Credibility
NZF Group, the embattled finance company currently being investigated by the Serious Fraud Office, has halted trading in its shares and bonds for the third time in under a month. The move is presumably related to its bid to convert its capital notes
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NZF trading halted again pending ‘material announcement'
Hawera :: New Zealand | 1 year ago
Credibility
NZF trading halted again pending material announcement' March 26 (BusinessDesk) Trading in NZF Group shares and bonds has been halted as the company, which is under investigation by the Serious Fraud Office, prepares to make a material announcement.
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NZF Money investors set to be short-changed
Wellington :: New Zealand | 1 year ago
Credibility
Investors in failed finance company NZF Money are likely to get back well under half what they are owed, the company's receivers say. In their latest report receivers KordaMentha say they expect debenture holders to be repaid between 25 per cent and
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NZF home-loan business approved for sale
California City :: CA :: USA | over 1 year ago
Credibility
The shareholders of struggling investment company NZF Group have today approved the sale of a majority stake in its home-loan business to Australian financier Resimac...An independent report by Campbell MacPherson found the benefits of the deal
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NZF Group lines up home loan sale
Sydney :: Australia | over 1 year ago
Credibility
Beleaguered investment company NZF Group says it is close to finalising a deal with an Australian financier to sell a majority stake in its home loan business. At its annual general meeting in Auckland today the NZX-listed corporate said it expected
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Stocks to watch: FBU, GFF, NZF, PPL, VCT, WTL
Jiujiang :: China | over 1 year ago
Credibility
L Sept. 28 (BusinessDesk) The following stocks may be active on the New Zealand exchange after developments since the close of trading...Themes of the day: The risk-on trading on global equity markets is likely to flow through to the NZX today with
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Resimac buys majority stake in NZF securitisation unit
Hawera :: New Zealand | over 1 year ago
Credibility
Resimac buys majority stake in NZF securitisation operation in recapitalisation plan Sept. 27 (BusinessDesk) Resimac NZ Home Loans Ltd., a unit of the Australian non-bank lender, agreed to buy a majority stake in NZF Group's securitisation operations
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Receivers for finance firm NZF Money
Wellington :: New Zealand | almost 2 years ago
Credibility
Receivers have been called in to lender NZF Money after a Financial Markets Authority probe forced it to withdraw its prospectus and stop taking deposits from investors. The company's owner, NZX-listed NZF Group, said various short-term funding
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