Post by Kiwi Frontline on Jul 18, 2019 17:07:57 GMT 12
IWI KEEN TO OWN SHARES IN NAPIER PORT
Hawkes Bay iwi and hapū are lining up to buy shares in the Port of Napier.
The Hawkes Bay Regional Council hopes to raise up to $234 million from selling 45 percent of the port company, and to use some of the money to build a new wharf.
Collectively the iwi wants 25 percent, but the council does not want any shareholder to have more than 10 percent.
www.waateanews.com/waateanews?story_id=MjIyMDE=
Hawkes Bay iwi and hapū are lining up to buy shares in the Port of Napier.
The Hawkes Bay Regional Council hopes to raise up to $234 million from selling 45 percent of the port company, and to use some of the money to build a new wharf.
Collectively the iwi wants 25 percent, but the council does not want any shareholder to have more than 10 percent.
www.waateanews.com/waateanews?story_id=MjIyMDE=