Tuesday, February 14, 2012

Kerr’s Torchlight to come under scrutiny from the Australian Takeovers Panel

Note that in light of the following, a copy of the Wilton Capital letter, which we blogged about here, was also sent to the Australia Takeovers Panel.
Monday 13th February 2012
George Kerr’s Torchlight Investment Group, a subsidiary of Pyne Gould Corp which specialises in squeezing value from underperforming assets, will come under scrutiny from the Australian Takeovers Panel after issuing ASX-listed RCL Group with a notice to review its debt facility....the article continues here 

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