Willmott Forests Limited
Information by Research TrustFinance
Founded in 1999 and listed on the Australian Securities Exchange (ASX), Willmott Forests Limited was a prominent player in Australia's Managed Investment Scheme (MIS) sector. The company's core business involved acquiring land, establishing and managing timber plantations (primarily pine and eucalyptus), and selling investment interests in these projects to the public. It was part of a wave of agribusiness MIS companies that collapsed around 2009-2010. In September 2010, the company was placed into receivership by its lender, ANZ Bank, leading to its eventual liquidation and delisting from the ASX, impacting thousands of investors.
Australia
Industry
- InvestmentPRIMARY
- Other Service
Financial