PRD Investments Limited (PRDI) is the largest shareholder (21.58%) in Poplar Road LP (Poplar), a 180ha dairy farm at 1074 Poplar Road, Hinds, mid-Canterbury (the Farm) established in August 2013. This farm was converted to dairying in 2009 and is fully developed.It is fully irrigated and has good water rights and a 7 ha storage lake.Important
please note this Issue is subject to theOverseas Investment Act 2005
which may limit the level of overseas or non-resident investors. This may mean that bids from Overseas and Non-Resident Investors are not able to be completed.
Any bids received on listings made by Overseas Investors on Issues that are subject to Foreign Ownership restrictions require Issuer approval to be compliant with New Zealand’s Overseas Investment Act 2005. Any accepted bids or bids matching your set offer price that do not comply with the Foreign Ownership restrictions may have transfer approval withheld by the Issuer. As a result, the trade will be unable to be completed. For further information please contact the Issuer.
|Poplar Road Farm||Mid Canterbury||1074 Poplar Road, Lowcliffe, Ashburton, New Zealand, 7773|