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New $2 million dairy farm IPO launched

New $2 million dairy farm IPO launched

Public offered a stake in the country’s most productive dairy region

New Zealand farm investment company, MyFarm has released a public offer allowing retail investors to participate in a Canterbury dairy farm investment from $20,000.

TPLP Farm Investments is a new company formed to enable smaller investors to passively invest in the new MyFarm syndicate, Te Pahau Limited Partnership, a 295 hectare dairy farm milking 990 cows located in the Hurunui district of North Canterbury.

This is the fifth public offering by MyFarm in the past 18 months. Over 100 New Zealanders have invested $8.5million into 5 dairy farm syndicates through its Collective Investment Vehicles (CIVs). All CIV shares are tradeable via MyFarm Trading, a private market on the Unlisted trading platform.

The TPLP Farm Investments Ltd offer is open until Wednesday Friday 27 June 2014.

To download an Investment Statement and Prospectus, please visit the MyFarm website, here.

About MyFarm
MyFarm Limited has been putting together and managing New Zealand farm investments since 1990, offering investors exposure to an asset class that is now the engine room of the NZ economy. MyFarm currently has 47 dairy farms and 6 sheep and beef farms under management across NZ with assets valued at a total of $550 million.

ENDS

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