
News
Milk Link to make Processing Payment
Published 2 February 2007.
Milk Link has announced it is to make its first processing payment to its members at the end of May. This will be paid by way of an interest payment on the value of Qualifying Loan rights held by members. The typical Milk Link member can expect to receive a minimum cash payment of £1,000, which will be in addition to the £1.5 million interest payable on all Member Capital balances for 2006/07.
The recent acquisition of full control of The Cheese Company has been a key factor in this payment as Milk Link members can now benefit from the distribution of profits made by the company.
