Displaying items by tag: Silver Fern Farms

Lowering farmer costs and reducing duplication are key aspects of a new farm audit system being introduced this month.

Silver Fern Farms welcomes the Overseas Investment Office’s (OIO) approval of the application by Shanghai Maling to invest $261m into the company to create a 50/50 partnership.

New Zealand will enjoy benefits from the approval for Shanghai Maling Aquarius to acquire a 50% ownership stake in Silver Fern Farms.

Silver Fern Farms chairman Rob Hewett says it fully supports the 50:50 partnership with Shanghai Maling.

Drama and dirty fighting are nothing new in the New Zealand meat sector.

The Silver Fern Farms/Shanghai Maling joint venture proposal is getting nastier the longer it drags out.

Silver Fern Farms and Shanghai Maling have agreed in principle and subject to respective board approvals to a revised date of September 30, 2016.

Silver Fern Farms has set the date of August 12 to hold the shareholder requisitioned meeting in Dunedin.

Silver Fern Farms and Shanghai Maling say they are contining to work towards completion of the $261m investment and partnership.

Silver Fern Farms plans to upgrade its coldstore facilities at its Pareora site, in South Canterbury, and close its leased Canterbury Coldstore.