Hubbard trust owes Sth Cant Finance tens of millions
South Canterbury Finance has lent $67.2 million to South Island Farm Holdings, a company whose shares are now held on behalf of one of Allan Hubbard's charitable trusts.South Island Farm Holdings (SIFH) owns shares in some 20 dairy and other farms across
Duncan Bridgeman Fri, 30 Jul 2010
South Canterbury Finance has lent $67.2 million to South Island Farm Holdings, a company whose shares are now held on behalf of one of Allan Hubbard’s charitable trusts.
South Island Farm Holdings (SIFH) owns shares in some 20 dairy and other farms across the South Island.
In May 2009 South
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