News

Strategic suspends redemptions

Thursday 7th of August 2008
"While negotiations have been continuing there has been a further material decline in the property finance market sector and reinvestment rates," chief executive Kerry Finnigan said in a statement.

Managers led by Finnigan teamed up with Halifax Bank of Scotland unit BOS International to acquire the company, gaining support from BOS for a NZ$150 million wholesale lending facility tha...

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