Media Release
MR No. 2025 – 27
An investigation opened in November 2024 by the Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – into senior living sector financier, Senior Trust Capital Limited (STC), is ongoing. STC is an issuer under a regulated offer of shares. On 14 May 2025, STC voluntarily withdrew its public offer of shares.
The scope of the investigation includes considering disclosures made by STC in its previous product disclosure statement (PDS) and associated advertising material and whether those disclosures complied with Parts 2 and 3 of the Financial Markets Conduct Act 2013.
Concurrently with the investigation, the FMA has engaged with STC about aspects of its business.
As part of discussions between the FMA and STC, the FMA has asked STC to disclose certain information to its investors. STC has now done so as part of an STC investor communication dated 27 June 2025, which can be found here:
Important update regarding your investment in Senior Trust Capital Limited (STC)
Any investors who may have queries about the above or their investment in general should seek advice from a legal or financial adviser.
Please note: the FMA has previously issued an update on investigations into Senior Trust Retirement Village Income Generator Limited (STIG). STC and STIG are two different but related entities.
ENDS
Media contact
Ellie Martel
FMA Senior Adviser, Media Relations
[email protected]
021 241 7868
Related
Statement by the FMA on Senior Trust Retirement Village Income Generator Limited
