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Wingara AG Completes Machinery Sale, Eyes New Agriculture Deals Amid Restructuring

6:40am on Monday 2nd of June, 2025 AEST Agriculture
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Wingara AG Completes Machinery Sale, Eyes New Agriculture Deals Amid Restructuring

6:40am on Monday 2nd of June, 2025 AEST
Key Points
  • Completed sale of JC Tanloden machinery with full payment received
  • Cash position of $648,000 as of 31 March 2025
  • Processing operations ceased in November 2024
  • Ongoing restructuring costs and lease obligations until February 2026
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