RobMiJon Holdings Limited
Section 12(a) Overseas Investment Act 2005
|Decision date||10 August 2011|
|Investment||An overseas investment in sensitive land, being the Applicant's acquisition of a freehold interest in 545.9152 hectares of land at 176 Moeraki Road, Martinborough.|
|Applicant||RobMiJon Holdings Limited|
Victoria Agnich, Robert Agnich, Michael Agnich and Jonathan Agnich, United States of America (99.0%)
Richard J. Agnich and Victoria T. Agnich, United States of America (1.0%)
|Vendor||Gerald Charles Atkinson, Barbara Joan Atkinson & Barry Pringle Howatson as trustees of the Atkinson Family Trust|
New Zealand (100%)
The Applicant is acquiring the land in order to establish, develop and eventually harvest a pine forest on the land. The Applicant proposes to undertake the investment as part of the Agnich family's plans to diversify their long term investments.
The overseas investment transaction has satisfied the criteria in section 16 of the Overseas Investment Act 2005. The 'substantial and identifiable benefit to New Zealand' criteria were satisfied by particular reference to the following factors:Overseas Investment Act 2005
|More information||Tessa Kennings|
Chapman Tripp (Auckland)
PO Box 2206
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