May Wang bankruptcy bid to be heard next week

The woman fronting a planned $1.5 billion buy-up of New Zealand dairy assets could be bankrupt by this time next week if she fails to impress her creditors with a payment proposal.May Wang owns 80% of UBNZ Assets Holdings, the company seeking Overseas Inv

Niko Kloeten
Tue, 08 Jun 2010

The woman fronting a planned $1.5 billion buy-up of New Zealand dairy assets could be bankrupt by this time next week if she fails to impress her creditors with a payment proposal.

May Wang owns 80% of UBNZ Assets Holdings, the company seeking Overseas Investment Office approval to buy 16 farms

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