King Salmon passes FMA sniff test despite only hinting at challenges in Sounds

Tue, 31 Jan 2017

By Jonathan Underhill Feb. 1 (BusinessDesk) - New Zealand King Salmon's prospectus didn't make detailed mention of the proposal to relocate up to six of its farms to areas of the Marlborough Sounds where such commercial activities are currently prohibited, even though a Cabinet paper indicates its future prosperity depends on such a move. Primary Industries Minister Nathan Guy released details of the proposal last week, seeking public comment on plans to shift farms to areas that have faster water flow and away from residences. The advant...

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