Friday, 23 April 2004, 12:18 am Press Release: Tenon
Tenon Provides Update On Forest Consent Process
Auckland,
23 April, 2004 – Tenon Limited advised today that it had to
date received consents for the transfer of non-freehold
forest assets to the Kiwi Group consortium covering
approximately NZ$82 million of such assets (including NZ$40
million of consents previously disclosed to the market on 25
March 2004), which is approximately 40% of the total value
of the non-freehold assets.
The Company has until the end
of August 2004 to obtain all necessary
consents.
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