RM Williams solvency check

RM Williams Agricultural Holdings, which owns carbon and cattle stations in Queensland and the Northern Territory, has appointed insolvency firm PPB Advisory as administrators.

PPB Advisory is an insolvency firm that was appointed as administrators to RM Williams Agricultural Holdings, according to the article.

No. The article states the receivership does not affect the RM Williams fashion and boot retailer.

The company owns the 516,800-hectare Henbury carbon farm, Labelle Downs and Welltree stations in the Northern Territory, and Mirage Plains and Inglewood Farms in Queensland.

RM Williams Agricultural Holdings' properties are located in Queensland and the Northern Territory, including the Henbury carbon farm and several cattle stations.

Former News Ltd head Ken Cowley runs the company and is also its chief shareholder.

Henbury is a carbon farm owned by RM Williams Agricultural Holdings and is reported in the article to cover 516,800 hectares.

The article highlights that RM Williams Agricultural Holdings, which owns farms and stations, has entered an administration process with PPB Advisory, while the RM Williams fashion and boot retailer is not affected—investors should note these are separate businesses.