May Wang

May Wang’s lawyer asks for bankruptcy suspension

May-WangThe lawyer for the controversial businesswoman May Wang returned to court today asking for his client's bankruptcy to be kept suspended ahead of her fight for having it revoked.

Wang is the front person for a group of Chinese investors who are looking to purchase $1.5 billion worth of New Zealand dairy farms. She had been declared bankrupt by the High Court of Auckland last week.

May Wang's $62,000 payment in GST

May Wang's $62,000 payment in GSTEven after the Crafar farm deal fronter May Wang has already paid a huge amount matching to the tune of $62,000 in GST owed on the $500,000 advanced by UBNZ, the Inland Revenue has continued to fight over the bankrupt May Wang for the $1.3 million debt. It is to be mentioned here that Wang owes her creditors millions of dollars owing to the fall of her property group, the Dystany group.

Tears as Woman Fronting Crafar Bid Appears In Court

Tears as Woman Fronting Crafar Bid Appears In CourtA tearful May Wang says that her community will turn aligned with her if she discloses who lent her $852,000 to pay creditors 6c in the dollar of what they are to be paid. This woman is fronting a Chinese proposal to buy 16 former Crafar dairy farms.

Wang refuses to name backers

Wang refuses to name backersMary Wang denies to reveal who are the "friends & associates" Beleaguered business woman May Wang, who is currently fighting a suit for bankruptcy after her property and hotel empire Dynasty Group, has declined to name the "friends & associates" who are backing her up in paying back $1.35 million of the $22 million she owes to the creditors.

Wang’s Offer Declined by IRD and LA Ltd

May-WangMay Wang, the businesswoman, who is a front person for UBNZ Funds Management, a group of Chinese investors for buying 16 Crafar family farms worth $1.5 billion has been taken to the court for not paying her debts.

May Wang Staved Off Bankruptcy

May-WangAfter a creditor’s meeting this afternoon, businesswoman May Wang has almost fended off bankruptcy. The National Business Review revealed that Ms. Wang who had accepted responsibility for $22.2 million in combined debts, has been offering just $500,000 to settle them in a creditors’ proposal.

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