Overseas Investment Office Archives

Change in ANZCO Foods shareholding further strengthens the business

December 19, 2017

One of Japan’s two largest meat processing and marketing companies, Itoham Yonekyu Holdings, has received Overseas Investment Office (OIO) consent to increase its shareholding in ANZCO Foods from 65 percent to 100 percent. It will […]

Barber’s Wire: overseas land ownership not just a New Zealand concern

October 24, 2017

On a recent trip to Australia, Allan Barber read an article about overseas land holdings on that side of the Tasman which illustrates the dramatic growth in Chinese investment in Australian agricultural land. In contrast […]

Co-products businesses Wallace Corporation and Farm Brands announce completion of merger

June 14, 2017

Wallace Corporation Limited and Farm Brands Limited yesterday announced the completion of the merger of their respective co-products businesses and operations, to create Wallace Group Limited Partnership. The new multi-million dollar entity will also acquire […]

Barber’s Wire: Blue Sky Meats searching for positives after Binxi offer collapses

April 7, 2017

Invercargill-based meat processor Blue Sky Meats is trying to put a positive spin on its prospects after being advised by Chinese cattle and meat company subsidiary NZ Binxi Oamaru that its takeover offer would not […]

OIO clears way for Silver Fern Farms partnership

September 20, 2016

New Zealand’s Overseas Investment Office (OIO) has today approved Shanghai Maling’s application to buy half of meat processor Silver Fern Farms. Minister for Land Information Louise Upston (pictured right) made the announcement today. She and […]

Barber’s Wire: Silver Fern Farms shareholders vote conclusively in favour

August 12, 2016

The long-awaited special meeting finally took place this afternoon with the Silver Fern Farm’s desired outcome. 80.4 percent of shareholders voting voted in favour of the Shanghai Maling deal, a small reduction from the 82 […]

Silver Fern Farms shareholders again give strong support for Shanghai Maling proposal

August 12, 2016

Silver Fern Farms’ shareholders have voted again and are strongly in favour of the 50/50 partnership with Chinese meat company Shanghai Maling. A strong majority of 80.4 percent of votes were cast in favour of […]

Barber’s Wire: SFF’s contract extension and changing conditions, make postponed shareholder meeting seem irrelevant

July 4, 2016

Allan Barber comments on the latest two Silver Fern Farms media releases announcing a revised completion date for the contract with Shanghai Maling and a new date for the shareholder requisitioned meeting. The revised date […]

SFF/Shanghai Maling: new dates set for completion and shareholder requisitioned meeting

July 1, 2016

Silver Fern Farms has announced a new completion date of January 2017 for the deal with Shanghai Maling and has pushed back the date for the shareholder requisitioned meeting in Dunedin to 12 August. The […]

OIO extension being sought by SFF and Shanghai Maling

June 25, 2016

Silver Fern Farms and Shanghai Maling are continuing to work towards completion of the $261 million investment and partnership. With more time required to meet information requests from the Office of Overseas Investment (OIO), the […]

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