fbpx
Print this page
Friday, 16 October 2015 10:45

SFF meeting underway

Written by 
SFF meeting underway

About 100 Silver Fern Farm shareholders have turned up for the company's special meeting in Dunedin.

The largest processing company, Silver Fern Farms (SFF), owned by 6200 farmer shareholders, has been offered the lifeline of a $261 million injection by Shanghai Maling, a Chinese company.

Shareholders will vote on the proposal today.

Chairman Rob Hewett thanked the shareholders for their strong interest in the company.

SFF chief executive Dean Hamilton told shareholders that the proposal gives the company a unique position in China.

"It will help us truly unleash our pasture to plate strategy," he says.

Voting results are expected around midday.

More like this

House in order?

OPINION: Your old mate reckons a wake-up call is overdue for the platoons of non-productive (and now unemployed) bureaucrats, researchers and various other bludgers whingeing about the current government putting out the bonfire of taxpayer money that burned so brightly in recent years.

Popular Reads

Featured

Gongs for best field days site

Gongs for best field days site

Among the regular exhibitors at last month’s South Island Agricultural Field Days, the one that arguably takes the most intensive preparation every time is the PGG Wrightson Seeds site.

Feed help supplements Canterbury farmers meet protein goals

Feed help supplements Canterbury farmers meet protein goals

Two high producing Canterbury dairy farmers are moving to blended stockfeed supplements fed in-shed for a number of reasons, not the least of which is to boost protein levels, which they can’t achieve through pasture under the region’s nitrogen limit of 190kg/ha.

National

Machinery & Products

Buhler name to go

Buhler name to go

Shareholders at a special meeting have approved a proposed deal that will see Buhler Industries, the publicly traded Versatile and…

Grabbing bales made quick and easy

Front end loader and implement specialist Quicke has introduced the new Unigrip L+ and XL+ next-generation bale grabs, designed for…