Bank chases $3.4 million owed by farm
Beulah Farms near Whangarei has 120 cows and more than 100,000 shares in Fonterra.
A 128-hectare dairy farm near Whangarei has been put into receivership, owing more than $3 million after defaulting on its banking facilities.
Beulah Farms, incorporated in 2007, has 120 cows and more than 100,000 shares in Fonterra.
In March, receivers KordaMentha were appointed to the farm by
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Jason Walls
Thu, 19 May 2016
Thu, 19 May 2016
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Bank chases $3.4 million owed by farm
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