Receivers appointed to Plum Duff Ltd, Woolpak Holdings

Thursday 16 December 2010

Receivers appointed to Plum Duff Limited and Woolpak Holdings Limited

Maurice Noone and Malcolm Hollis, partners from PricewaterhouseCoopers, have today been appointed joint receivers to Plum Duff Limited and Woolpak Holdings Limited (“the Companies”) by the receivers of South Canterbury Finance Limited (In receivership).

The Companies’ principal assets comprise of 63.8% interest shares in NZ Wool Services International Limited (“WSI”).

Maurice Noone says “WSI is not affected by the appointment of receivers to the Companies.”

Mr Noone further notes the receivers will likely be seeking expressions of interest to acquire this shareholding from the receivers early in the New Year.

In the meantime, any party interested in lodging an expression of interest should register it with Matthew Yates (by email at matthew.b.yates@nz.pwc.com).

ENDS

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