Banksia Securities Limited debenture holders will meet with receivers at large-scale meetings in Shepparton and Kyabram tomorrow.December 13, 2012 4:27am
Banksia Securities Limited debenture holders will meet with receivers tomorrow.
Receiver McGrathNicol issued initial payments of 20 cents in the dollar to Banksia investors on Friday.
It was the first payment made to investors after the non-bank lender went into receivership in October.
McGrathNicol told investors that it expected overall returns to be between 50 and 65 cents in the dollar, with all payments to be complete next year.
The receiver also flagged potential returns of 55 and 70 cents in the dollar for investors in Cherry Fund Limited, another arm of Banksia Securities Limited.
No payments were made to Cherry Fund debenture holders on Friday.
Investors will meet with receivers at large-scale meetings in Shepparton and Kyabram.
Four fire trucks are at a fire at Parsons Crt, Mooroopna.
In a day made for football at the sun-bathed Lavington Sports Club Oval the 2015 Yarrawonga Under 16 Pigeons showed their class with a comprehensive victory in the AWJFL Grand Final against Wodonga.
Gwen Ranson was presented with Life Membership of the Rodney Branch of the Country Women’s Association of Victoria by state president Machelle Crichton at the recent Goulburn Valley West Group conference in Stanhope.
TWO Echuca firefighters will race up 28 floors — dressed in full uniform — on Saturday to raise money for cancer research and treatment.
THE humble vanilla slice is widely recognised as an Australian icon.
Young Bombers pull off last quarter comeback to win under-16 premiership.
A leading union official certainly thinks so.
Berrigan public decides drainage works location
OUTSIDE the Locker Room is an event aimed at helping local sportsmen, aged 16-25, to understand and respond to problems and personal struggles outside the sporting arena.
Cobram Barooga leaders and tourism operators have welcomed the launch of a new tourism strategy focusing on events, which aims to attract more people to the Murray River.
Cancer claims one of its fiercest combatants.
Water allocations were increased in the Goulburn-Murray Water region today.
The News magazines are online - read high quality magazines in your time. Check in regularly for the latest editions.
Riverine Herald's well regarded locally produced magazines. They're now online, so you can read them whenever and wherever you like.
Search for published and unpublished photos from McPherson Media Group newspapers and magazines. All our photos are available to purchase.
Place an advertisement in any one of McPherson Media Group's local newspapers.