Home Poultry


Vote on the A$72m sale of poultry assets to ProTen passed with approval from 65% of unitholders in RF Poultry, the listed vehicle that is the lessee and operator of the assets.
Fund manager Kaizen Capital has expressed concerns over alleged conflicts of interest and undervaluing of assets, and called for a vote on the sale to be delayed until these could be addressed.
The listed asset manager, which has been under fire from short-sellers in recent months, has sold the assets in NSW and Victoria because they are ‘better suited to business with greater economies of scale’ like ProTen.
cotton farm
MD David Bryant tells Agri Investor that a new report by EY confirms that allegations made by Bonitas Research were ‘completely without foundation’.
This year’s conference saw more LPs than ever before, as agriculture continues to grow as an asset class.
China will allow US beef imports as soon as possible but no later than July 16, 2017, while the US will publish a proposed rule by that same date that will allow imports of cooked Chinese poultry into the US.
Mainland’s founding shareholders will retain a significant shareholding in the business and senior management will remain in their present positions.
Altamont Capital Partners announced its acquisition of the manufacturer of frozen poultry products this week, at the same time as Lake Pacific Partners announced its exit.
The bank finds the African poultry sector needs investors to strengthen the value chain linking grains, feed and meat.
The Singapore-listed agribusiness giant sees vertical integration opportunities in its play to meet rising Nigerian poultry demand.

Copyright PEI Media

Not for publication, email or dissemination