Media Centre News Archive Advert 'that wasn't' lands Bridgecorp in hot water
| Advert 'that wasn't' lands Bridgecorp in hot water |
| Written by The New Zealand Herald | |||
| Friday, 03 September 2004 10:00 | |||
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An advertisement that Bridgecorp Investments says it didn't consider to be an advertisement has got the financiers into trouble with the Securities Commission. The ad, published in a magazine in May and June this year, related to an offer of capital notes. The full story is available from The New Zealand Herald
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| "Uptake was quicker and management side was much quicker. We used to have everything on an excel spreadsheet and tick the people off as paperwork arrived, then used emails manually, PolicyPoint allowed us to do it in three weeks. Last year we started around the same time (early November) and the final ones were being done around end of January and early February. Three weeks tops and it was done this year." |