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MyFarm fund, short on Zespri shares, eyes capital raising

3 min read

The MyFarm KiwiFruit Fund limited partnership is considering seeking a capital injection by raising new funds and selling orchards to repay debt and buy more Zespri shares.

The kiwifruit orchard owner, managed by primary industry funds specialist MyFarm Investments, enjoyed an early harvest in the February quarter and anticipates volumes to be about 10 million trays higher than a year earlier. Ab...


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