Topic
Overseas investment
Issue or publication date
Resource category
Official Information Act release

Assessment Report for application for consent from Inside Out LLC. Assessment Report for application for consent from Maruha (N.Z.) Corporation Limited. Assessment Report for application of consent from QS NZ Infrastructure Equity Trust, QS Power Trust No.2, QIC Trust No.1, QIC Trust No.2.

Inside Out LLC were granted consent to acquire a freehold interest in approximately 21.33 hectares of land located at Ashburton Business Estate. The consent contained the option to further or alternatively acquire approximately 8.25 hectares of land located at Ashburton Business Estate. Inside Out LLC, through a joint venture with Carrfields Food & Fibre Investments Limited Partnership, seek to develop a sustainable food and fibre hub with Rubisco Limited. This OIA response provides the Assessment Report associated with the processing of the application for consent.

Maruha (N.Z.) Corporation Limited were granted consent to acquire (i) Annual Catch Entitlement (ACE) of up to 21,000mt of certain fish species, and (ii) Individual Transferrable Quota (Quota) of up to 1,000mt of various species, over a 10-year period.   This will help ensure the Applicant can continue to operate both its present vessels in New Zealand and enhance operational efficiencies. This OIA response provides the Assessment Report associated with the processing of the application for consent.

QS NZ Infrastructure Equity Trust, QS Power Trust No.2, QIC Trust No.1, QIC Trust No.2 was granted consent to acquire up to 100% of the shares and convertible notes in Powerco NZ Holdings Limited which has an interest in 16 hectares of sensitive land around New Zealand. This OIA response provides the Assessment Report associated with the processing of the application for consent.