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Farmers give Fonterra green light for share trading
Nearly 90pc of Fonterra's 10,500 farmer shareholders have voted to approve a new share trading plan.
Farmers give Fonterra green light
Fonterra's farmer shareholders today voted in favour of the Trading Among Farmers proposal, approving plans to make its stock tradeable among themselves, freeing up capital for new investments.
Fonterra farmers gather for landmark vote
Fonterra's farmers are voting today on whether to allow trading of shares in the co-op among themselves.
May Wang increases payment plan to 6c
May Wang has upped her payment to creditors in her failed property development company to 6c in the dollar.
Fonterra farmers poised for landmark vote
Fonterra chief executive Andrew Ferrier says tomorrow's vote on whether to start share-trading among farmers is the most important decision for its farmers since the co-op was created.
May Wang creditors say yes to 2c payout plan
May Wang's creditors have "overwhelmingly" voted in favour of a repayment plan that will see them get 2c in the dollar back.
Landcorp says its Crafar offer a 'clean deal'
Landcorp, the state owned farming company, says its bid for the Crafar farms will be a "clean bid".
Crafar buyer yet to relodge OIO application
The Chinese-backed firm fronting a bid to purchase the Crafar farms has yet to relodge its application for OIO approval, less than a week before tenders close.
Banks behind rural property stagnation - REINZ
The rural property sector remains stagnant because prices and sales are being dictated by banks, REINZ says.
GE clover could cut livestock methane by 10 per cent
Agricultural scientists say a genetically engineered clover could reduce methane emissions from livestock by 10 per cent.