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Smaller investors sought for dairy farms
www.nzherald.co.nz
[New Zealand Herald] - By Owen Hembry The balance between the cost of buying a dairy farm and how much it can earn is the best that Pastoral Dairy Investments chairman Malcolm Bailey says he can remember. Pastoral Dairy Investments (PDI) is looking to raise a minimum of $25
Google News: Govt will stay out of share trading debate
[Timaru Herald] - Fonterra director Malcolm Bailey said that TAF would not proceed if shareholder ownership were compromised. TAF was currently undergoing due diligence where a group of legal experts was attempting to find faults that would see farmers lose control
Google News: Dairy investment fund aims to raise $75m
[Manawatu Standard] - Feilding dairy farmer Malcolm Bailey, a former Federated Farmers national president and Fonterra board member, will chair the board, and it also has two independent directors. "We will use the money invested in PDI to buy dairy farms.
Google News: Investment firm eyes southern dairy farms
[The Southland Times] - Company chairman Malcolm Bailey is a director of Fonterra. Executive director Neil Craig is the chairman of Craigs Investment Partners. The farms would be managed by MyFarm Ltd, one of New Zealand's largest dairy farm managers.
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