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General Business
1 mins to read
2

China’s PGG Wrightson stake edges to 11.9%

State-owned company shifts its ownership to new Hong Kong subsidiary.

Tim Hunter Mon, 07 Sep 2020

A $24 million sale transaction disclosed by PGG Wrightson shareholder Beijing Holdings BAIC is a restructuring by its state-owned parent company, the NZX-listed company says.

This morning, Hong Kong-registered Beijing Holdings disclosed the sale of its 11.1% stake off-market for $24.3 million,

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Tim Hunter Mon, 07 Sep 2020
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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PGG Wrightson cans dividend after tough second half
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PGG Wrightson’s new Chinese shareholder seeks ‘closer ties’
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PGG Wrightson cans dividend after tough second half
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PGG Wrightson’s new Chinese shareholder seeks ‘closer ties’
China’s PGG Wrightson stake edges to 11.9%
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