Scales deal on ice as overseas investor stake tallied
The OIO still sifting through who's an overseas investor, delays Chinese investment.
A significant Chinese investment into Christchurch agribusiness Scales [NZX: SCL] is facing uncertainty whether it will go through.
On March 15, it was announced to the NZX that China Resources Ng Fung – a Chinese state-owned enterprise – acquired 21.5 million Scales shares at $2.60 apiece from
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Calida Smylie
Thu, 24 Mar 2016
Thu, 24 Mar 2016
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Scales deal on ice as overseas investor stake tallied
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