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Hot Topic EARNINGS
Hot Topic EARNINGS
2 mins to read

Honk loan spells trouble for Allied Farmers


Duncan Bridgeman
Mon, 28 Mar 2011

Allied Farmers’ latest titbit of information on its troubled ex-Hanover assets should come as no surprise to shareholders.

The company on Friday said it would need to write down the value of a $23 million loan on a Silverdale property, just north of Auckland.

This is hardly surprising

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Duncan Bridgeman
Mon, 28 Mar 2011
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Honk loan spells trouble for Allied Farmers
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