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Agria subsidiary PGG Wrightson announces Commerce Commission investigation update
Beijing, China
August 4, 2015
Agria Corporation (NYSE: GRO) (the "Company" or "Agria") today announced that its New Zealand-listed subsidiary, PGG Wrightson Limited (NZSE: PGW) ("PGW"), confirms that the New Zealand Commerce Commission (the "Commission") has filed court proceedings in relation to allegations of price fixing by PGW's livestock division in connection with the implementation of the National Animal Identification and Tracing Act 2012 ("NAIT").
PGW has cooperated fully with the Commission in its investigations in relation to the matter and is maintaining an ongoing dialogue in relation to the concerns raised about NAIT-related fees.
Given that this case is now before the courts, PGW cannot comment further at this time.
The announcement issued by PGW can be accessed via the following link: https://www.nzx.com/companies/PGW/announcements/267865
More news from:
. Agria Corporation
. PGG Wrightson Ltd.
Website: http://www.agriacorp.com Published: August 5, 2015 |
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