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
Second St John withdrawal of labour takes effect tomorrow with further strikes likely
Sanford Appoints Independent Director
CRP ADVISES CLOSURE OF SHARE OFFER TO EXISTING INVESTOR
Devon Funds Morning Note - 14 August 2024
OCR 5.25% - Monetary restraint tempered as inflation converges on target
Consumers still need due diligence as new deposit takers emerge.
Woolworths strike: staff asked to dress up in Disney costumes for a week on their own dollar
Turners Invests in Quashed Online Insurance Platform
PGW Reports on Challenging Year
Arvida Announces Executive Team Changes