News

Heartland bank a big tick closer

Friday 26th of November 2010

Shareholders of Pyne Gould have approved the proposal that will turn their finance company, Marac Finance, into 71% of a new, NZX-listed "heartland" bank.

The resolution, which required approval by at least 50% of the votes cast by PGC shareholders, was supported by 99.86% of those who voted and follows 'yes' votes already from the members of the Canterbury Building Society and Southern...

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