Central Plains Water extends deadline a week
1 November 2013
Central Plains Water extends
deadline a week
Slow rural deliveries and
sufficient time for processing last minute applications has
forced Central Plains Water Ltd to extend its deadline for
shareholder commitment for the 60,000ha scheme until
Chief executive Derek Crombie said that it was
quickly becoming obvious that some farmers were only posting
their cheques today and it could be Monday or Tuesday before
they would be received and processed.
“The phones have
been hot over the last few days with shareholders seeking
more information on how to complete the application
To be consistent CPWL is extending the share
offer deadline for both Stage I Construction Shares and
Stage II & III Pre-Construction shares.
The scheme will
become an anchor project for central Canterbury with the
ability to generate long term economic and employment
benefits. It will be as important as the anchor projects
proposed for the central
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