Kauana Farm 

  Dairy  

 KLP Investments LP 

  MyFarm Investments  

Investors in KLP Investments (KLPI) have voted in favour of a proposed restructuring i.e. doing an in-specie distribution of the Kauana units owned by KLPI, and then liquidating KLPI. On a shareholding basis there was 79% support for the special resolution that gives effect to the restructuring. On a number of shareholder basis 80% of shareholders voted in support of the resolution.

 

From here, the next step involves the offeror working with the board of the farm syndicate to put together valuation information on which the shareholders will be asked to select a share price to be used in the pre-emptive rights that are obliged to be followed i.e. the price at which the shareholder would be prepared to sell their units to other investors in the Kauana farm syndicate.

Overview

Kauana is an established 253 ha (237 effective ha) dairy farm located 54km north of Invercargill and 18km north of Winton, at 396 Winton Channnel Road. The 820 cow wintering barn enables greater control of nutrients and reduces environmental impact whilst extending the lactation period by up to 30 days.


Important: please note this Issue is subject to the Overseas Investment Act 2005 which may limit the level of overseas or non-resident investors. This may mean that bids from Overseas and Non-Resident Investors are not able to be completed.


Any bids received on listings made by Overseas Investors on Issues that are subject to Foreign Ownership restrictions require Issuer approval to be compliant with New Zealand’s Overseas Investment Act 2005. Any accepted bids or bids matching your set offer price that do not comply with the Foreign Ownership restrictions may have transfer approval withheld by the Issuer. As a result, the trade will be unable to be completed. For further information please contact the Issuer.


Manager:
MyFarm Investments
Issue Name:
KLP Investments LP
Market:
Agriculture
Market Type:
Dairy

isEOI: false

Financials

Investment Type:Retail (CIV)

Wholesale Investment Type:

Total Units/Shares:1420000

Min Investment Units/Shares:20000

Min Investment Value:NZD 20,000.00

Par Value:NZD 1.00


Establishment Date: 1 June 2013

Financial Year End: 31 May 2024

Market Snapshot

Last Traded Value:NZD 36,000.00

Last Traded Price:NZD .80

Last Traded Quantity:45000

Last Traded Date: 22 November 2022

Property Details


Property Name:
Kauana Farm
Location:
Southland
Address:
396 Winton Channel Road, Benmore, Dipton, New Zealand, 9782
Total Area (ha):
253
Effective Hectares:
237
Infrastructure:
Infrastructure includes a 54-bale fully automated rotary cowshed with a large (750 cow) circular yard. A feature of the farm is the 820 cow wintering barn.

Contact

Document Name Description Date Uploaded
Zoom: 10

MyFarm Investments

 
Issue Production Revenue Farm Working Expenses EBITDA Interest Enterprise Value NTA Equity Asset Ratio ROE
KLP Investments LP                  
Aupouri Avocados Loan Notes                  
Aupōuri Avocados LP                  
Awakeri Orchard LP                  
Awatere Valley LP                  
Bartletts Creek Vineyard LP                  
Bay Kiwifruit Orchards LP 63,514.00 NZD 201,821.89 NZD 107,160.03 NZD 94,661.86 NZD 215.00 NZD 2,199,868.56 NZD 2,042,400.01 109.00% 9.88%
Birch Hill Capital Raise March 2022                  
Birch Hill LP                  
Central Cherry Orchard LP                  
Colebrook Kiwifruit Orchard LP                  
CQuest Expansion 3.0                  
CQuest LP                  
Eastern Orchards LP                  
El Dorado Orchard LP                  
Esk Valley Orchard LP                  
Fareham Lane Vineyard LP                  
GCF Investments 260,000.00 NZD 109,325.42 NZD 228,144.99 NZD -118,819.57   NZD 7,640,615.60 NZD 7,822,610.60 80.00% 0.01%
Gold Income LP                  
Gold Income LP - Maraenui                  
Gold Income LP - Rangitaiki                  
Heretaunga Orchards LP                  
HLP Investments LP                  
Karaka Orchard Class B Units Partly Paid                  
Karaka Orchards LP 270,600.00 NZD 11,068.00 NZD 12,177.00 NZD -1,109.00 NZD 12,251.00 NZD 9,986,046.83 NZD 4,981,444.00 98.00% 0.22%
Karaka Orchards LP Raise 2019                  
Kintyre Vineyard LP                  
Kintyre Vineyard LP - Arck Extension                  
Korokipo Apple LP                  
LLP Investments LP                  
Mainland Carbon LP                  
Napoli Orchard LP                  
Otamarakau Kiwifruit LP                  
Patriarch Vineyard LP                  
Pongakawa Kiwifruit LP                  
PRD Investments                  
Puketapu Vineyards LP                  
Quarry Kiwifruit Loan Notes                  
Quarry Kiwifruit LP                  
Quarry Kiwifruit LP - Ohaeawai Extension                  
Rakete Orchards Loan Notes                  
Rimu Dairies LP                  
Riverview Kiwifruit LP                  
Rākete Capital Raise Crown 26 Nov 2020                  
Rākete Equity Raise - 31 Aug 2022                  
Rākete Orchards Bonus Units 29 Oct 2020                  
Rākete Orchards LP                  
Tapawera Hop Garden LP                  
Tapawera Rights Issue                  
Te Arai Gold LP                  
Te Arai Orchard LP                  
Terra Verde Investments                  
Terra Verde Investments LP                  
TPLP Investments Limited                  
Waikerikeri Irrigation LP (Withdrawn)                  
Waimarie Manuka LP                  
Wairau Valley Vineyards LP                  
Wairua Hop Garden Loan Notes                  
Wairua Hop Garden LP                  
Wairua Hop Garden LP - Equity Raise                  
Willowbank Apples LP                  
Ᾱporo Iti Orchard LP                  
 
Issue Production Revenue Farm Working Expenses EBITDA Interest Enterprise Value
KLP Investments LP            
Aupouri Avocados Loan Notes            
Aupōuri Avocados LP            
Awakeri Orchard LP            
Awatere Valley LP            
Bartletts Creek Vineyard LP            
Bay Kiwifruit Orchards LP 1.49 NZD 4.73 NZD 2.51 NZD 2.22 NZD 0.01 NZD 51.51
Birch Hill Capital Raise March 2022            
Birch Hill LP            
Central Cherry Orchard LP            
Colebrook Kiwifruit Orchard LP            
CQuest Expansion 3.0            
CQuest LP            
Eastern Orchards LP            
El Dorado Orchard LP            
Esk Valley Orchard LP            
Fareham Lane Vineyard LP            
GCF Investments 1,140.35 NZD 479.50 NZD 1,000.64 NZD -521.14 NZD 136.50 NZD 33,511.47
Gold Income LP            
Gold Income LP - Maraenui            
Gold Income LP - Rangitaiki            
Heretaunga Orchards LP            
HLP Investments LP            
Karaka Orchard Class B Units Partly Paid            
Karaka Orchards LP 11,000.00 NZD 449.92 NZD 495.00 NZD -45.08 NZD 498.01 NZD 405,936.86
Karaka Orchards LP Raise 2019            
Kintyre Vineyard LP            
Kintyre Vineyard LP - Arck Extension            
Korokipo Apple LP            
LLP Investments LP            
Mainland Carbon LP            
Napoli Orchard LP            
Otamarakau Kiwifruit LP            
Patriarch Vineyard LP            
Pongakawa Kiwifruit LP            
PRD Investments            
Puketapu Vineyards LP            
Quarry Kiwifruit Loan Notes            
Quarry Kiwifruit LP            
Quarry Kiwifruit LP - Ohaeawai Extension            
Rakete Orchards Loan Notes            
Rimu Dairies LP            
Riverview Kiwifruit LP            
Rākete Capital Raise Crown 26 Nov 2020            
Rākete Equity Raise - 31 Aug 2022            
Rākete Orchards Bonus Units 29 Oct 2020            
Rākete Orchards LP            
Tapawera Hop Garden LP            
Tapawera Rights Issue            
Te Arai Gold LP            
Te Arai Orchard LP            
Terra Verde Investments            
Terra Verde Investments LP            
TPLP Investments Limited            
Waikerikeri Irrigation LP (Withdrawn)            
Waimarie Manuka LP            
Wairau Valley Vineyards LP            
Wairua Hop Garden Loan Notes            
Wairua Hop Garden LP            
Wairua Hop Garden LP - Equity Raise            
Willowbank Apples LP            
Ᾱporo Iti Orchard LP            
 
Issue Revenue Farm Working Expenses EBITDA Interest Enterprise Value
KLP Investments LP          
Aupouri Avocados Loan Notes          
Aupōuri Avocados LP          
Awakeri Orchard LP          
Awatere Valley LP          
Bartletts Creek Vineyard LP          
Bay Kiwifruit Orchards LP NZD 3.18 NZD 1.69 NZD 1.49 NZD 0.00 NZD 34.64
Birch Hill Capital Raise March 2022          
Birch Hill LP          
Central Cherry Orchard LP          
Colebrook Kiwifruit Orchard LP          
CQuest Expansion 3.0          
CQuest LP          
Eastern Orchards LP          
El Dorado Orchard LP          
Esk Valley Orchard LP          
Fareham Lane Vineyard LP          
GCF Investments NZD 0.42 NZD 0.88 NZD -0.46 NZD 0.12 NZD 29.39
Gold Income LP          
Gold Income LP - Maraenui          
Gold Income LP - Rangitaiki          
Heretaunga Orchards LP          
HLP Investments LP          
Karaka Orchard Class B Units Partly Paid          
Karaka Orchards LP NZD 0.04 NZD 0.05 NZD 0.00 NZD 0.05 NZD 36.90
Karaka Orchards LP Raise 2019          
Kintyre Vineyard LP          
Kintyre Vineyard LP - Arck Extension          
Korokipo Apple LP          
LLP Investments LP          
Mainland Carbon LP          
Napoli Orchard LP          
Otamarakau Kiwifruit LP          
Patriarch Vineyard LP          
Pongakawa Kiwifruit LP          
PRD Investments          
Puketapu Vineyards LP          
Quarry Kiwifruit Loan Notes          
Quarry Kiwifruit LP          
Quarry Kiwifruit LP - Ohaeawai Extension          
Rakete Orchards Loan Notes          
Rimu Dairies LP          
Riverview Kiwifruit LP          
Rākete Capital Raise Crown 26 Nov 2020          
Rākete Equity Raise - 31 Aug 2022          
Rākete Orchards Bonus Units 29 Oct 2020          
Rākete Orchards LP          
Tapawera Hop Garden LP          
Tapawera Rights Issue          
Te Arai Gold LP          
Te Arai Orchard LP          
Terra Verde Investments          
Terra Verde Investments LP          
TPLP Investments Limited          
Waikerikeri Irrigation LP (Withdrawn)          
Waimarie Manuka LP          
Wairau Valley Vineyards LP          
Wairua Hop Garden Loan Notes          
Wairua Hop Garden LP          
Wairua Hop Garden LP - Equity Raise          
Willowbank Apples LP          
Ᾱporo Iti Orchard LP          
Traded Date Traded Quantity Traded Unit Price Traded Value Par Value Trade Event
22 November 2022 45,000  Units NZD 0.80 NZD 36,000 NZD 45,000 On Market Trade
2 August 2022 30,000  Units NZD 0.83 NZD 25,000 NZD 30,000 On Market Trade
26 October 2021 25,000  Units NZD 0.80 NZD 20,000 NZD 25,000 On Market Trade
6 December 2017 50,000  Units NZD 0.75 NZD 37,500 NZD 50,000 On Market Trade
27 October 2017 25,000  Units NZD 0.95 NZD 23,750 NZD 25,000 On Market Trade
13 July 2016 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer

Secondary Market - KLP Investments LP

No secondary market listings for this issue availble at this time. Check the Exchange for more listings.