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Hubbard investors to get 3c in dollar payment

Friday 1st of October 2010

Some 400 Aorangi investors owed $96 million will get their payment this month, and a further 20 cents by the middle of next year if statutory managers Richard Simpson, Trevor Thornton and Graeme McGlinn of Grant Thornton are successful in securing market value for assets that could be sold in the short to medium term, according to their third report into Hubbard's business affairs.

The a...

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