News
Dorchester ‘humbled’ by debenture holders’ support for plan
Wednesday 30th of June 2010
Byrnes told despositrates.co.nz that garnering support from four-fifths of Dorchester's debenture holders showed the company has been given another opportunity, and has to deliver on investors' "good faith."
Investors voted in favour of a recapitalisation plan that will give some 7,200 investors still owed about $84 million units in a property trust that will trade on the on the Unlisted...
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