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Chinese sugar giant funds $12.8m vineyard purchase

David Williams for NBR NZ Property Investor
Wed, 11 Jun 2014

One of the world’s largest sugar refiners, with plans to broaden its business into wine sales and production, is behind the $12.8 million purchase of a Marlborough vineyard.

In a decision published in April, the Overseas Investment Office said it approved Chinese-owned company Ling Hai Group

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David Williams for NBR NZ Property Investor
Wed, 11 Jun 2014
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Chinese sugar giant funds $12.8m vineyard purchase
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