OIO confirms Forestlands sale price
Detail implies shortfall in investor funds.
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Hawke’s Bay
About $5.5 million is unaccounted for after the Overseas Investment Office confirmed troubled forestry investment group Forestlands was paid $23.5 million for its forest assets last September.
Investors in the Forestlands group, which owned blocks in Southland, Wairarapa and Hawke's Bay, were
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Tim Hunter
Mon, 07 Aug 2017
Mon, 07 Aug 2017
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OIO confirms Forestlands sale price
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