Daniel Kemp
Deanne Stewart, current chief executive of Metlife’s Australian business, will take over in November after Michael Dwyer retires.
The company, which posted an A$35m EBITDA loss in FY 2018, said earnings had been hit by increased competition and input costs.
Current owner John Nicoletti sold 70,000ha of land to Hong Kong's CK Life Sciences in 2016 in what was then the biggest single offering of freehold land in Western Australian history.
The biggest ag investors Down Under are expected to target Clifton Hills station in South Australia.
Overseas buyers will no longer be eligible for some tax concessions through Managed Investment Trusts, prompting fears in the investment community.
The asset manager's share price continued to fall today, falling below the short-seller's target of A$2.66.
In an interview with Agri Investor, interim managing director Kim Morison said Robert Shand’s decision to step down was a mutual one between himself and the board.
The Brisbane-headquartered asset manager has made multiple changes to its board as Kim Morison steps up to interim managing director.
Hostplus CIO Sam Sicilia says that high-level talks have already taken place as agriculture becomes relatively less risky.
US short-seller resumes its attack in response to Blue Sky’s rebuttal of its initial research.