Wood processor owes $46 million – receivers' first report
Southern Cross Forest Products owes $46.2 million to ANZ and that bank's subsidiary UDC Finance according to its receivers' first report.
Jamie Ball Wed, 07 May 2014
Southern Cross Forest Products owes $46.2 million to ANZ and its subsidiary, UDC Finance, according to its receivers’ first report.
In March the Dunedin-based wood processing company, which operates five sawmills across the country, was put into receivership, in part because of the global