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Strategic Finance mulling the Hanover route as receivership threat loo
Thursday 11th of February 2010
The finance company sparked two event reviews last month after it missed its first repayment to investors and had to increase its provisions for bad loans to less than three-quarters of the principal monies owed to debenture holders, depositors, and subordinated note holders, and has been in negotiations with trustee Perpetual Trust over its future since then.
Chief executive Kerry Finni...
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