January to December 2000
Overseas Investment Commission
Decisions
Commentary and Index prepared by CAFCA
Contents
Two refusals
SunGuard Data Systems of the U.S.A. buys Global Information
Solutions
Pikes Point Transfer Station acquires land from
Northern Disposal Systems
Oil companies get together to consolidate land in
Lyttelton
Rayonier buys 39,200 hectares of Otago/ Southland
forest land from Ngai Tahu
NZ Forestry Group buying 5,000 ha. near Wanganui with
Taiwan investors
U.S. and Belgium residents buy 96 hectares to get East
Cape forestry subsidy
Chinese state-owned company buys 103 hectares at Opihi
for barley production
AWASSI NZ Land of Saudi Arabia buys further 1,125 ha.
in Hawkes Bay
Other rural land sales
Alliant of the U.S.A. tries to consolidate control of
TrustPower
Asia Pacific Breweries after 100% of DB Group
Eric Watson and friends prepare for U.S. listing
Downer’s Works Infrastructure buys Bitumix from BP
ANZ Bank sets up local trust for ANZ shareholders in
Aotearoa
Ngai Tahu sells 2,546 hectare Naseby Forest, Otago, to
Malaysia’s Tiong Family
Weyerhaeuser/RII joint venture buy Kaituna timber mill
from McVicar
Land for forestry
Genetic engineering firm, PPL Therapeutics, buys more
King Country land
Lilybank Station owner buys another farm
Refusal reversed: four hectares at Prebbleton sold to
Australians
Other rural land sales
Natural Gas Corporation buys TransAlta New Zealand
United Networks (Utilicorp) buys gas distribution
business from Orion
Marconi buys Harvest Group retail automation manufacturer
Mystery surrounds U.S. purchase of 25% of Mylestom
Holdings Ltd
Juken Nissho buys more land for its Kaitaia mills
Land for forestry
Further 589 hectares sold to U.S. owners of Puketiti
Station in King Country
U.S. partner increases share of 12,000 hectare Wyuna
Station to 60%
Japanese owner of Taupo development crashes and sells
to Swiss creditor
More land for Martha Mine, Waihi
Other rural land sales
Tiong firm, Neil
Construction, buys Albany land for development
Land for forestry
Other rural land sales
Norske Skogindustrier of
Norway buys Fletcher Paper
CanWest takes control of
RadioWorks
BRL Hardy of Australia buys rest
of Nobilo Wines
Imerys, union-basher of
France, Belgium, Canada, buys China Clays
Japanese owner for
Teschmakers school at Oamaru, Otago
Christian camp sold to U.S.
Institute in Basic Life Principles
Auckland One Ltd of
Singapore buys property in Gillies Ave, Newmarket
Land for forestry
Two Manapouri farms sold to
U.S. owners
Other rural land sales
Two refusals
Resource consents force
Juken Nissho to buy more land for its Kaitaia mills
Murchison forestry land sold
to U.S. by manager
CDL Land buys ten hectares
in Browns Bay, Auckland for subdivision
Danish doctor buys Highden
Manor, Palmerston North, for health facility
More land for Martha Mine,
Waihi
Poronui Station owner buys
Irongate Vineyard in Hawkes Bay
Lilybank Station owner buys
another farm
Telecom leases Waiheke
Island land for cellphone site
Other rural land sales
One refusal
Canterbury Malting Co to U.S.
company convicted of international conspiracy
Singapore Airlines takes 25%
of Air New Zealand
Mysterious sale of land by
Manukau City Council to CDL Land
Land for forestry
More land for Martha Mine,
Waihi
Other rural land sales
One application refused –
low budget fishing lodge near Napier
Controversial logger, Boise
Cascade, buys NZ Office Products and Croxley
Macquarie CountryWide Trust
buys Progressive supermarket properties
McCains buys Timaru property
to expand plant
Neil International of
Malaysia buys Albany land for Albany Centre Development
Land for forestry
Singapore DBS Bank Chairman
bails out of Queenstown development
Juken Nissho and Olsen buy
mining rights to road material at Nuhaka
Other rural land sales
Montana takes Corbans, then
Lion Nathan of Japan takes 28.2% of Montana
Major French wine producer
Henri Bourgeois buys land in Marlborough…
… and Nobilo/BRL Hardy buys
another vineyard in Hawkes Bay
Ceebay Holdings gets
permission to continue to hold fishing quota
Commonwealth Bank of
Australia takes last 25% of ASB Bank
WestpacTrust buys
residential mortgages and loans from National Mutual/AXA
Hoyts back out of merger
with Village Force
Italian firm buys dishwasher
manufacturer, Washtech
Hertz Fleetlease buying
vehicle leasing business from Hertz New Zealand
Change of Singapore owners
to prepare for Queenstown hotel development
Pacific Steel buys land from
Manukau City Council
Land for forestry
U.S. golf course owner in
Kerikeri, Northland buys more land
Other rural land sales
One refusal
Shell bids for Fletcher
Energy
Fletcher Residential
purchases Waitakere land for subdivision
AMP acquires Manukau Supa
Centa
SPHC buys Park Royal Hotel,
Wellington
Hudson buys Savoy out from
Hyatt Regency Auckland Hotel site for “a song”
Brierley Investments buys
Greyloch Holdings from ANZ Bank
Nelson Pine Industries
acquires more Nelson land as buffer to fibreboard plant
Land for forestry
More land for Martha Mine,
Waihi
U.S. sheep farmer with
fetish for new breeds acquires further 867 ha.
Montana buys five blocks of
land in Marlborough, Hawkes Bay and Gisborne
Craggy Range vineyards
expand in Hawkes Bay
Southland land purchased “to
promote and safeguard the earth’s biodiversity”
Other rural land sales
Stratos of Canada buys out
British Telecom from Inmarsat satellite service
Tegel Foods buys New
Plymouth land to expand poultry processing plant
Portage Hotel, Marlborough
Sounds, sold to Australian/Aotearoa partners
Land for forestry
Other rural land sales
Credit Suisse buys 27% of Fletcher
Forests underwriting rights offer in breakup
Telecom enters into
investment agreements with TMT
Dynasty of Singapore buys
40% of Waterford Hotel development in Tauranga
Rayonier sells out of
forests in Wanganui and Northland
Land for forestry
Kenyan and Swiss
missionaries buy 6,290 ha. station to add to Southland farms
Tasman Agriculture buys two
more farms in Southland
Cassimir Lodge, Tauranga,
sold to U.S. company
Ownership of Closeburn
Station lifestyle block transferred to Trust to avoid tax
Other rural land sales
Numbers of deleted or released decisions before appeal
Compiled by: Campaign Against Foreign Control of Aotearoa,
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