Brief: New Zealand Rural Land Company Announced Pro Rata Accelerated Renounceable Entitlement Offer To Raise NZ$20.38 Mln
June 8 (Reuters) - New Zealand Rural Land Company Ltd
NZL.NZ :
* ANNOUNCED A PRO RATA ACCELERATED RENOUNCEABLE ENTITLEMENT
OFFER
TO RAISE APPROXIMATELY NZ$20.38 MILLION (OFFER)
* NET PROCEEDS OF OFFER WILL BE USED TO FUND ACQUISITION OF
TWO
FURTHER DAIRY ASSETS, ARGYLE DOWNS AND GREENHILL
* ENTERED AGREEMENTS TO ACQUIRE PROPERTIES IN SOUTHLAND FOR
TOTAL
PURCHASE OF NZ$29 MILLION
Further company coverage: NZL.NZ
((Reuters.Briefs@thomsonreuters.com;))
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