Pyne Gould shares halted after report it will shift listing to ASX, ditch Perpetual

Pyne Gould shares halted after report it will shift listing to ASX, ditch Perpetual
July 5 (BusinessDesk) - Pyne Gould Corp, which is being investigated by the markets regulator over related-party loans, had its stock halted from trading pending an announcement after a media report it will relocate to the ASX and divest its Perpetual Trust unit. The plans are detailed in emails sent by Pyne Gould managing director George Kerr, Fairfax Media reported. Pyne and Kerr are being investigated by the Financial Markets Authority over related party lending between Perpetual and the Kerr-controlled Torchlight fund. Pyne Gould’s shar...