Central Plains Water has accumulated losses of $21.1 million, according to the latest annual accounts ending June 2013.
The Canterbury irrigation company has just issued a prospectus seeking a minimum $43 million in several tranches.
The prospectus says the money will be used to repay
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Chris Hutching for NBR NZ Property Investor
Thu, 19 Sep 2013
Thu, 19 Sep 2013
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Irrigator wants more money on back of $21 million losses
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