9 Dec 2010

Bankruptcy may stymie May Wang's role in Crafar deal

From Morning Report, 7:09 am on 9 December 2010

May Wang, the businesswoman at the centre of an overseas bid to buy the Crafar dairy farms, has been declared bankrupt. Ms Wang is the sole director of UBNZ, the company trying to buy the farms. But after being declared bankrupt over the failure of her property business the Dynasty Group, she'll no longer be allow to be a director.