"Frank Costa, co-founder and large shareholder of ailing fruit and vegetable grower Costa Group, says part of the company's problems are self-inflicted after aggressive expansion led to oversupply in key products, as he baulked at pumping more of his own funds into the $176 million rights issue.
Mr Costa, who holds a stake of less than 5 per cent in Costa Group, said he was unlikely to take up his share of entitlements in the raising. "I just want to see things settle down a bit,'' he said."
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