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A Korean citizen and his lawyer have been ordered to pay $130,000 in civil penalties, in addition to criminal fines handed down in 2020, after the pair attempted to obstruct the Overseas Investment Office investigation.
When it comes to overseas investors converting farmland to forestry, complex foreign investment rules can make it hard to see the forest for the trees.
The Overseas Investment Assessment Report and Notice of Decision for the acquisition of Eastland Network Limited by First Sunrise Bidco Limited.