Malaysian firm to convert Southland farm into forestry block
Consent given to buy a nearly 460ha sheep and beef farm in Western Southland.
www.nzherald.co.nzI don’t have live access to current news in this turn, but I can share what’s publicly available up to now and how to find the latest updates on Southland Plantation Forest Company of New Zealand Limited (SPFL).
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Consent given to buy a nearly 460ha sheep and beef farm in Western Southland.
www.nzherald.co.nzDecisionConsent grantedSection 12(1)(a) and Section 13(1)(c) Overseas Investment Act 2005Decision makerToitū Te Whenua Land Information New ZealandDecision date26 June 2023Pathway(s)Sensitive land – Special forestry test (one-off)Significant business assetsInvestmentAcquisition of up to 100% of the shares in GTI 8 New Zealand Limited for consideration exceeding $100 million
www.linz.govt.nzMatariki seeks clearance to buy Selwyn forests
www.nzfoa.org.nzSouthland Plantation Forest Company of New Zealand Limited (SPFL) was established in 1992 to develop a hardwood chip/fibre resource in southern New Zealand.
www.spfl.co.nzSouthland shares were up 28% in Thursday trading after the company said it received a notice to proceed on three projects worth $118 million through its subsidiary, Oscar Renda Contracting. The...
www.marketscreener.comP O Box 7010 Invercargill 9844 Ph: (03) 214 1912 Fax: (03) 218 2066 3. Management Objectives The primary purpose of the SPFL estate is to provide a sustainable supply of hardwood fibre to the … The forests are currently grown on a nominal 15 – 18+ year rotation to produce hardwood fibre. Improved genetics & growth leading to better wood qualities, together with advances in technology in wood handling & processing will lead to other market opportunities. Investigation into this is ongoing and...
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