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Sale Of Tarawera Forests Settled

Monday, 7 June 2004, 9:36 pm
Press Release: Tenon

Sale Of Tarawera Forests Settled

Auckland, 4 June, 2004 – Tenon Limited is pleased to announce today that it has settled the sale of a one-rotation forestry right over the Tarawera forest estate, for NZ$165 million. The purchaser is Hancock Natural Resource Group, Inc., the world’s largest manager of timberland investments.

ENDS


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