PGC says no decision made to shift listing to ASX, ditch Perpetual

Thu, 05 Jul 2012

July 5 (BusinessDesk) - Pyne Gould Corp, which is being investigated by the markets regulator over related-party loans, says no decision has been made on whether to relocate to the ASX and divest its Perpetual Trust. The wealth manager halted trading in the 23 percent of its stock that isn't owned by managing director George Kerr and US hedge fund Baker Street Capital after Fairfax Media reported the plans. Pyne Gould said the report was based on a leaded email. "PGC wishes to clarify that no decision or agreement regarding or concerning th...

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