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Hanover Finance - Latest News [Page 1]

Letter to former Hanover Investors

Thursday, 10 February 2011, 2:35 pm | Hanover Finance

This week Hanover Finance Limited (Hanover) Chairman David Henry and director Mark Hotchin sent a letter to former Hanover investors outlining concerns about the way Allied Farmers (Allied) has managed the assets transferred to Allied in the debt ... More >>

Hanover investors approve Allied Farmers Proposal

Wednesday, 16 December 2009, 4:58 pm | Hanover Finance

Hanover Independent Chairman David Henry has announced investors have voted in favour of the Allied Farmers Proposal. “This strong level of support from investors shows that they believe that the Allied Farmers Proposal was the best option for them. ... More >>

Hanover only received Allied Farmers Proposal

Wednesday, 25 November 2009, 5:46 pm | Hanover Finance

Hanover today confirmed it had only received the Allied Farmers Proposal for Hanover and United Finance investors. We have not received an offer from any other party. Chairman, David Henry, said that Allied Farmers has done extensive due diligence ... More >>

Hanover Finance - Correction

Thursday, 19 November 2009, 5:30 pm | Hanover Finance

The Independent Chairman of Hanover Finance, Mr David Henry, today stated the suggestion that Hanover’s major shareholders are “relieved of the Shareholder Support package obligations” under the Allied Farmers’ Proposal is manifestly incorrect. “It’s ... More >>

Allied Farmers Proposal to Hanover Finance

Wednesday, 18 November 2009, 12:31 pm | Hanover Finance

Hanover Finance today confirmed Allied Farmers Ltd had forwarded a proposal to acquire the finance assets of Hanover Finance Limited and United Finance Limited. Chairman David Henry said the Allied Farmers Proposal would exchange investors Hanover Finance’s ... More >>

Hanover result impacted by property market

Tuesday, 10 November 2009, 3:50 pm | Hanover Finance

The rapid deterioration in the commercial property development market, together with requirements under the International Financial Reporting Standards (IFRS), have impacted heavily on Hanover’s result for the year ended 30 June 2009, says David Henry, ... More >>

Hanover Finance Moves To Restructure

Wednesday, 23 July 2008, 4:44 pm | Hanover Finance

The Board of Hanover Finance Limited today announced it would suspend acceptance of new investments and repayment of existing deposits as it worked with trustees on a plan to restructure the business going forward. More >>

 
 
 
 
 

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