1 April 2016
The Overseas Investment Office (OIO) has been advised that Shanghai Pengxin subsidiary Pure 100 Farm Limited has withdrawn its judicial review application to the High Court.
This relates to the decision by Ministers Paula Bennett and Louise Upston to decline Pure 100’s application for consent to purchase Lochinver Station.
Pure 100 is expected to formally file discontinuance documents in the High Court soon.
The OIO undertook a robust process to assess Pure 100’s application for consent, and is pleased by this outcome.
Any questions about why the judicial review has been discontinued should be directed to Pure 100.
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