OPINION: The Hound notes that the foreign-owned and controlled NZ forestry industry is starting to feel the pressure of the…
The new 50% owners of South island meat processor Silver Fern Farms were last week due to give their blessing to their joint venture deal.
Meat Industry Excellence (MIE) chairman Peter McDonald has become the first major casualty of Shanghai Maling's takeover of Silver Fern Farms; he resigned from his post late, last week.
MIE says they have received feedback alleging a double standard shown by their endorsed directors over the SFF joint venture with Shanghai Maling.
Your canine crusader suggests that while opponents of the proposed SFF/Shanghai Maling deal may have some genuine points to make, they are hampered by a number of major credibility issues.
Meat cooperative Alliance has made a pitch for farmers disgruntled by a rival's yes vote for a Chinese joint venture partnership.
About 100 Silver Fern Farm shareholders have turned up for the company's special meeting in Dunedin.
MIE chairman Peter McDonald says the Silver Fern Farm (SFF) deal may be the last decision of significance that shareholders get to vote on.
Dean Hamilton, SFF chief executive says the Shanghai Maling transaction has significant financial upside compared to the sketchy details in the mystery underwrite proposal put forward, with little real detail, by shareholder John Cochrane.