Chinese firm wants third Taupo dairy farm for $22m

Shanghai Pengxin subsidiary Hunan Dakang wants OIO approval to buy a $22m dairy farm to add to the Lochinver Station acquisition and the Crafar farms.

Duncan Bridgeman
Thu, 22 Jan 2015

The Chinese-owned aspiring buyer of Lochinver Station wants to buy another dairy farm unit near Taupo for $22.75 million.

Shenzhen-listed Hunan Dakang Pastoral Farming, which is currently 55%-owned by Jiang Zhaobai’s Shanghai Pengxin, plans to acquire a 1235 ha farm from Tony and Carol

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