A new 3.3 million cubic metre reservoir south of Dargaville is set to shift land into higher-value horticulture and firm up local water security.
Consumers could soon be paying $10 a cup, says one supplier.
Around 60% to 70% of the fund will invest in 11 companies in the firm’s existing New Zealand portfolio.
The move comes as the wider sector is rattled by recent receiverships and liquidations.
The Trump Administration has blocked Harvard from enrolling international students in a move the university has called unlawful.
Shareholders who invested around $30m will lose the lot, although the company’s subsidiaries will keep trading.
Report in Canada’s Globe & Mail cites legal correspondence in NZ company’s tense dispute with employee shareholders.
The High Court appointed interim liquidators to the nationwide logistics and container firm in April.
The Auckland businessman and speed racing enthusiast led an eclectic range of businesses including Wendy’s NZ.
Primary care funding needs complete reform, says General Practitioners Aotearoa, as some practices ‘take the piss’.
