Displaying items by tag: SHANGHAI MALING

The Silver Fern Farms/Shanghai Maling joint venture proposal is getting nastier the longer it drags out.

Silver Fern Farms and Shanghai Maling have agreed in principle and subject to respective board approvals to a revised date of September 30, 2016.

Silver Fern Farms has set the date of August 12 to hold the shareholder requisitioned meeting in Dunedin.

Silver Fern Farms and Shanghai Maling say they are contining to work towards completion of the $261m investment and partnership.

Silver Fern Farms' board has called on a group of minority shareholders to withdraw their call for a special meeting.

An eclectic consortium of political, industry and business interests are seeking to overturn Silver Fern Farms' (SFF) partnership with Chinese investor Shanghai Maling.

Silver Fern Farm's 6000 farmer shareholders could be in the gun for millions of dollars in penalty payments and costs if the company's proposed merger is not settled by June 30.

No amount of noise from farmer ginger groups will bring change in the meat industry if the company boards choose not to adopt the measures they are calling for.

A group of red meat farmers seeking industry reforms have not given up hope despite bleeding support.

Tony O'Boyle, a Wairarapa sheep and beef farmer, has been elected to the Silver Fern Farms' Board of Directors.