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SFF chief executive Dean Hamilton.
Silver Fern Farms and Shanghai Maling say they are contining to work towards completion of the $261m investment and partnership.
With more time required to meet information requests from the Overseas Investment Office (OIO), the companies are in the process of agreeing an extension to the June 30, 2016 date to meet the OIO approval condition.
Chief executive Dean Hamilton says: "We continue to believe that we will achieve OIO approval, however we need to allow more time to provide the required information and then for the OIO and Ministers to have sufficient time to review".
As a consequence of the anticipated extension, the July 11 special meeting has been deferred and a new date for the shareholder requisitioned meeting will be set to allow the Notice of Meeting to be updated and distributed to shareholders with adequate time to review.
Silver Fern Farms says shareholders will be kept informed.
One of the country's leading experts on China has praised the NZ Government for its handling of the recent incident with China over that country's cyber attack on two of our parliamentary institutions in 2021.
Hopes of NZ sheepmeat prices picking up anytime soon in the country's key export market of China looks highly unlikely.
Zespri has unveiled the award-winning KiwiBrothersTM mascots in China for the first time to market its large kiwifruit crop.
Authorities in China have clamped down on companies in that country which have been packaging and selling their own local fruit under the Zespri brand.
Meat processor and exporter Silver Fern Farms Ltd has joined fellow South Island-based meat company Alliance Group in reporting a big loss for the past year.
Another 16 commercial beef farmers have been selected to take part in the Informing New Zealand Beef (INZB) programme designed to help drive the uptake of genetics in the industry.
Trade Minister Todd McClay says Kiwi exporters will be $100 million better off today as the NZ-EU Free Trade Agreement (FTA) comes into force.
Making things simpler, not harder, for deer farmers in farm planning and coping with regulations is Deer Industry New Zealand (DINZ) industry capability manager John Ladley’s current focus.
Rural Women New Zealand (RWNZ) is launching an online business directory called The Country Women’s Collective to promote and support entrepreneurial rural women.
New Zealand actor Sam Neill has joined the Campaign for Wool NZ as an ambassador, lending his name and profile to educate and advocate for New Zealand strong wool.
Living labs that bring together expertise at locations around New Zealand are among potential solutions identified by researchers to help the country move towards a more climate resilient future.
