Silver Fern Farms suspends shares pending capital raising news

Thu, 23 Jul 2015

By Fiona Rotherham July 24 (BusinessDesk) - Meat processor Silver Fern Farms has suspended trading of its shares on the Unlisted exchange until further notice as it continues with its capital raising initiatives. The company said it would make no further comment at this stage. Shares in the co-operativee last traded at 35 cents, valuing SFF at $35.1 million The farmer-controlled co-operative has more than 6,200 shareholders and over 16,000 farmer partners. It is currently trying to raise $100 million of new capital through invest...

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