| Decision | Consent granted Section 13(1)(a) Overseas Investment Act 2005 |
|---|---|
| Decision date | 14 October 2014 |
| Investment | An overseas investment in significant business assets, being the Applicant's acquisition of rights or interests in up to 100% of the shares of Opus Group Berhad, the consideration of which exceeds $100m. |
| Consideration | $255,239,367 |
| Applicant | Faber Group Berhad Malaysian Public (52.51%) Khazanah Nasional Berhad, Malaysia (34.29%) Various overseas persons (13.2%) |
| Vendor | UEM Group Berhad Khazanah Nasional Berhad, Malaysia (100.0%) |
| Background | Faber Group Berhad and UEM Group Berhad are undertaking an international transaction in which Faber Group Berhad will acquire the shares in Opus Group Berhad (which holds an interest in Opus International Consulting Limited in New Zealand). The overseas investment transaction has satisfied the criteria in section 18 of the Overseas Investment Act 2005. |
| More information | Tim Tubman Chapman Tripp PO Box 2206 AUCKLAND 1140 |