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Allied Farmers loses millions on Honk loan


Georgina Bond
Fri, 21 Oct 2011

Allied Farmers has likely lost $23 million on a loan to Honk Group property developers, following the sale of their Silverdale farm.

The 60ha property on State Highway 17, north of Auckland, was owned by Honk 2 – one of the investment vehicles of Andrew Tauber and former Dragon’s Den

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Georgina Bond
Fri, 21 Oct 2011
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Allied Farmers loses millions on Honk loan
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