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Top trust under wind-up threat
Tuesday 13th of January 1998
The New Zealand Rural Property Trust, once billed as the country's top performing trust, is under threat of being wound-up.A group of 64 unitholders have petitioned the manager seeking that the $72 million trust be put into a state of "controlled liquidation".
"The sooner this thing is wound-up the better," one substantial unitholder told Good Returns.
The irate group of unitho...
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