IRG to sell assets, retain listed shell, Brent King mulls whether to bid

Tue, 12 Jun 2012

June 12 (BusinessDesk) – Investment Research Group, a financial advisory and media company, plans to sell its assets and retain its shell as a listed entity after reviewing its business options. Auckland-based IRG said its 55 percent-owner, GA Sego, will “provide assistance to the company during this process.” GA Sego, which is owned by Malaysian businessmen Hamid bin Bugo and Rewi Hamid Bugo, and Timothy Keene’s Auckland-based GA Group, provided financial support via a share placement last year. “The trading businesses are sound and are oper...

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