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Seeka Limited — Capital/Financing Update 2020
Sep 9, 2020
66268_rns_2020-09-09_a817bcb4-638e-498e-9eaf-9cbc48439805.pdf
Capital/Financing Update
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9 September 2020
Seeka updates the market on the Australian orchard sale
Seeka Limited [NZX:SEK] provides the following update.
Seeka advises that the Foreign Investment Review Board in Australia has requested and been granted an extension of the due date for its decision on Seeka’s conditional sale and lease back of three orchards in Australia to allow sufficient time to finalise processing of the application. The extension was sought due to COVID-related and resourcing matters.
Seeka now expects the Foreign Investment Review Board’s decision to be made by mid October 2020.
Seeka will advise the market when it receives the Foreign Investment Review Board’s decision.
Release ends:
For further information please contact:
Michael Franks Seeka Chief Executive 021 356516 Stuart McKinstry Seeka Chief Financial officer 021 2215583