Tuesday 8th December 2020 |
Text too small? |
Seeka Limited advises that the sale and lease back of approximately 100 hectares of its Australian kiwifruit orchard portfolio has been approved by the Australian Foreign Investment Review Board (FIRB). Accordingly the AUD$26.5m sale is now unconditional and is scheduled for settlement on 15 December 2020.
As previously advised the funds from the sale will be used to continue the investment in Seeka’s Australian orchard portfolio and to reduce overall debt.
Seeka thanks all advisers and parties associated with the successful completion of this transaction.
See the link below for more details:
No comments yet
PaySauce Quarterly Market Update - September 2024
October 2nd Morning Report
Rua Releases Annual Report for Year Ended 30 June 2024
SCL - Settlement of orchard sales
The Warehouse Group 2024 ASM and Director Nominations
AIR - Update on Chief Operational Integrity and Safety Officer
Comvita Limited - Annual Report 2024
September 27th Morning Report
Spark announces departure of Finance Director
FBU - Retail Entitlement Offer Opens