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Allied gets one back at Hotchin & Watson, or does it?

HSBC's decision to demand repayment of a $19 million loan to Matarangi Beach Estates is likely to result in a forced sale of the asset with unfavorable consequences for Allied Farmers.Of equal interest, however, is why HSBC pulled the pin on the loan near

Duncan Bridgeman
Wed, 17 Nov 2010

HSBC’s decision to demand repayment of a $19 million loan to
Matarangi Beach Estates is likely to result in a forced sale of the asset with unfavorable consequences for Allied Farmers.

Of equal interest, however, is why HSBC pulled the pin on the loan nearly one year after Allied Farmers acquired

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Duncan Bridgeman
Wed, 17 Nov 2010
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Allied gets one back at Hotchin & Watson, or does it?
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