Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Matariki Forests Issues Information Flyer

Media Release
22nd October 2008

Matariki Forests Issues Information Flyer To Prospective Buyers

Matariki Forests has today issued an information flyer to prospective buyers of its New Zealand assets which comprise approximately 134,000 hectares of high quality Radiata Pine forests around New Zealand.

Paul Nicholls, managing director of Rayonier New Zealand Ltd – the forest managers for Matariki, said “The information flyer is the next stage in the sale process and will be widely distributed to interested parties. It provides further information on the 100% sale of the Matariki business, the sale process and timetable.

“We are receiving strong interest from local and overseas parties as they are aware that even in difficult market conditions forests represent a real asset that continues to grow. All shareholders remain committed to progressing toward a successful sale.”


© Scoop Media

Business Headlines | Sci-Tech Headlines


Back Again: Government Approves TPP11 Mandate

Trade Minister Todd McClay says New Zealand will be pushing for the minimal number of changes possible to the original TPP agreement, something that the remaining TPP11 countries have agreed on. More>>


By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>


Snail-ier Mail: NZ Post To Ditch FastPost

New Zealand Post customers will see a change to how they can send priority mail from 1 January 2018. The FastPost service will no longer be available from this date. More>>


Property Institute: English Backs Of Debt To Income Plan

Property Institute of New Zealand Chief Executive Ashley Church is applauding today’s decision, by Prime Minister Bill English, to take Debt-to-income ratios off the table as a tool available to the Reserve Bank. More>>


Divesting: NZ Super Fund Shifts Passive Equities To Low-Carbon

The NZ$35 billion NZ Super Fund’s NZ$14 billion global passive equity portfolio, 40% of the overall Fund, is now low-carbon, the Guardians of New Zealand Superannuation announced today. More>>