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Published 12 days ago

Alliance turns to farmer-sharehoders to bolster finances

Summary by farmersweekly.co.nz
Reading Time: 2 minutes Alliance Group is strengthening its balance sheet by increasing the amount deducted from those suppliers with insufficient shareholding and increasing the number of shares they must hold. Currently suppliers who do not have sufficient share capital to match the volume of stock they process have $1/livestock unit deducted. This will now increase to $4/livestock unit processed. In a notice to shareholders released on Frida…

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farmersweekly.co.nzfarmersweekly.co.nz

Alliance turns to farmer-sharehoders to bolster finances

Reading Time: 2 minutes Alliance Group is strengthening its balance sheet by increasing the amount deducted from those suppliers with insufficient shareholding and increasing the number of shares they must hold. Currently suppliers who do not have sufficient share capital to match the volume of stock they process have $1/livestock unit deducted. This will now increase to $4/livestock unit processed. In a notice to shareholders released on Frida…

12 days ago
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