Pyne Gould finally lodges 2015 annual report

Tue, 24 May 2016

By Paul McBeth May 24 (BusinessDesk) - Pyne Gould Corp, whose NZX-listed shares have been suspended from trading since October, has lodged its 2015 annual report after a lengthy delay which has been blamed on switching auditors. The Guernsey-based long-term investor's portfolio lost value last year due to fluctuations in the kiwi dollar and the impact of consolidating its Torchlight Fund LP unit into the accounts, the long-delayed report shows. As at June 30, Pyne Gould's net tangible assets were 55.2 million British pounds, down from 71...

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