Dirty dairy company should repay all creditors
The first receiver's report for Awarua Farm reveals a $12m debt under a general security arrangement.
Chris Hutching for NBR NZ Property Investor
Tue, 02 Jun 2015
The first receiver’s report for Awarua Farm reveals a $12 million debt under a general security agreement.
But other related securities lift the secured debt to ASB Bank to $29 million.
The company is owned by Marlborough dairy farmer Philip Woolley, who placed Awarua Farm in voluntary
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly
credit card debit
Premium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly
credit card debit
Premium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly
credit card debit
Premium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly
credit card debit
Yearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Chris Hutching for NBR NZ Property Investor
Tue, 02 Jun 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.