Seeka Limited (NZX: SEK) Updates the Market on the Australian Orchard Sale

Seeka advises that the Foreign Investment Review Board in Australia (FIRB) has requested and been granted an extension of the due date for its decision on Seeka’s conditional sale and lease back of three orchards in Australia to allow sufficient time to finalise processing of the application.

This extension was sought as part of an across the board extension of deadlines for all FIRB applications.

Seeka now expects the Foreign Investment Review Board’s decision to be made by mid December 2020.

Seeka will advise the market when it receives the Foreign Investment Review Board’s decision or if a further extension of the due date for the decision is requested and granted.

See the link below for more details:

FIRB Update 20 Nov 2020

Source: Seeka Limited

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