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Hunter’s Corner
6 mins to read

Another fine mess at PGW – blame the OIO

ANALYSIS: The listed company’s former chair has returned seeking to roll the board, despite failing the good character test for overseas investors.

Not such a good boy.

Tim Hunter Fri, 16 Feb 2024

Perhaps it is simplest to begin by quoting the US Securities & Exchange Commission.

It said: “The SEC order found that Agria overstated the value of the stock it received by US$17 million [$28m] and assigned a value of nearly US$60 million to the effectively worthless land use rights.”

Charles

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Tim Hunter Fri, 16 Feb 2024
Contact the Writer: thunter@nbr.co.nz
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Another fine mess at PGW – blame the OIO
Hunter’s Corner,
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