J W Capital Corporation Pty Ltd finalised funding of a New Zealand based company, Premium Dairy Products NZ LTD to the value of NZ$100,000,000 for the initial construction of a specialised dairy products factory.
The Deed of Agreement for the funding of US$100 million was presented to the Directors.
Approval of finance for US$100 million was provided.
Project did not proceed as the conditions precedent could not be satisfied by the Directors.