Fletcher Challenge Forests Announces Closure Of Us$65
Million Forest Cutting Rights Sale
Auckland, 28 March
2003 – Fletcher Challenge Forests advises that the US$65
million forest cutting rights contracts with two entities
managed and advised by UBS Timber Investors have now
settled.
Details of the cutting rights contracts can be
found on the Company’s website, http://www.fcf.co.nz, under “News
Releases”.
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