New Chinese investor might scale to supply partner
No OIO approval for Scales deal needed yet, but possible down the track.
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Hawke’s Bay
Scales Corporation [NZX:SCL] hopes its new Chinese investor will act as a supply partner, although nothing concrete has been decided on the point.
Yesterday, it was announced to the NZX that China Resources Ng Fung, a Chinese state-owned enterprise, acquired 21.5 million shares at $2.60 apiece
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Calida Smylie
Wed, 16 Mar 2016
Wed, 16 Mar 2016
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New Chinese investor might scale to supply partner
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