The joint investment proposal is to construct a new specialty milk processing and bottling facility in South West Victoria on the following broad terms:
On land owned or controlled by AHF;
Capacity to produce very high quality fresh milk so as to maximize shelf life;
Joint investment entity to be held 40% by AHF and 60% by Australian Lian;
100% funding provided by Australian Lian;
Designed and constructed to CDC’s specifications and under its supervision;
Operated by CDC under service agreement with CDC able to utilise excess capacity;
Subject to final feasibility sign off by AHF
Waiting to see what if anything further eventuates out of this.........well over a year now with their feasibility studies.................must be coming to a head soon and surely a decision remains pending
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- Ann: Change of Director's Interest Notice
Ann: Change of Director's Interest Notice, page-48
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