United States SEC release regarding Agria Corporation
11 December 2018
United States SEC release regarding Agria Corporation
The US Securities and Exchange Commission (SEC) announced today it has settled matters in relation to the
activities of Agria Corporation and its executive chairman Guanglin Lai.
Agria Corporation indirectly holds 50.22% of PGG Wrightson Limited (PGW) through Agria (Singapore) Pte
Limited.
Chair of the PGW Committee of Independent Directors, Bruce Irvine said, “that the Committee have maintained
a watching brief on this matter for some time. The SEC settlements relate to events that took place in the
United States and China prior to 2014. It is important to note the events do not involve PGW.”
Mr Irvine said that “the Committee would continue to assess any consequences that may arise for PGW. This
includes liaising with the New Zealand Overseas Investment Office regarding any implications concerning the
good character of Agria Corporation as a major shareholder in PGW.”
Mr Irvine said that “the Committee would update the market if there are any material developments that require
disclosure and consideration by PGW shareholders.”
Ends
Media enquiries please contact
Linda Chalmers
Group Communications and Brand Manager
PGG Wrightson Ltd
Mobile: +64 27 405 3241
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.