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Summerset taps Housing NZ’s Scott Scoullar as CFO
Dec. 23 (BusinessDesk) - Summerset Group, the retirement village operator whose shares have gained 47 percent in the past 12 months, named Scott Scoullar as chief financial officer, filling a vacancy left by Julian Cook, who has been promoted to chief executive. Scoullar joins...
GuocoLeisure, once known as Brierley, to leave NZX in June 2014
Dec. 23 (BusinessDesk) - GuocoLeisure, the diversified investment company once known as Brierley Investments, plans to delist from the NZX, meaning its dwindling New Zealand shareholder base will have to use the Singapore Exchange in future. The Singapore-based company said New...
Hubbard statutory managers lose bid to exclude Aorangi investor owed $5.8 mln
By Paul McBeth Dec. 23 (BusinessDesk) - The statutory managers for the late Allan Hubbard’s Aorangi Securities have lost a bid to exclude an American widow who had some $5.8 million invested with the Timaru businessman. In the High Court in Christchurch, Justice Robert Dobson...