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Milk New Zealand Investment Ltd – British Virgin Islands/China link confirmed

August 14, 2014 by SPCS Leave a Comment

Following formal complaints by the Society …….. the Companies Office Registry Integrity Team has today ensured that a correction has been made online to the “registered office/principal place of business address” of the true shareholder of the NZ incorporated company, Milk New Zealand Holding Ltd [see email below – Appendix].  The latter’s sole shareholder is now recorded on the Companies Office website as

MILK NEW ZEALAND INVESTMENT LIMITED – Offshore Incorporations Centre, Road Town, Tortola , British Virgin Is. Country of Origin: China.

See: http://www.business.govt.nz/companies/app/ui/pages/companies/3883536/shareholdings

The previous incorrect registered office address – one based in Auckland – has been replaced by the correct one, an overseas address in the BVI.

Milk New Zealand Investment Ltd, a company registered in the tax-haven – British Virgin Islands – is inextricably connected to Chinese billionaire Zhaobai Jiang’s  Hong Kong registered company Milk New Zealand Holding Ltd (“Milk NZ”), which has purchased the $200 m Crafer farms and $70m Lochinver Station through its NZ incorporated subsidiaries. Milk New Zealand Investments Ltd (BVI), with Jiang as sole director, is owned by Milk NZ which in turn is owned by Shanghai Pengxin Group Co. Ltd (“Shanghai Pengxin”). The latter is owned by Nantong Investment Company Ltd, of which Jhaobai Jiang owns 99% of its shares.

1. See: www.cninfo.com.cn/finalpage/2014-06-18/64148310.PDF

2. See Company “Ownership diagram”, Overseas Investment Decision 22/01/14, Page 71 (Appendix 6)

Click to access oio-recommendation.pdf

Appendix

Registries Integrity and Enforcement Team <RIET@companies.govt.nz>

14/08/2014     12:08 PM

Dear [SPCS]

I refer to your complaint regarding the registered office address of Milk New Zealand Investment Limited which is the sole shareholder of Milk New Zealand Holding Limited.

A representative of the Registrar of Companies made enquiries of the authorised person for Milk New Zealand Holding Limited as to the registered office address of its shareholding company.  The representative was advised that the address of Suite 1, 139 Vincent Street, Auckland Central, Auckland had been provided in error and that this address would be corrected.

The registered office address of Milk New Zealand Investment Limited has recently been changed to Offshore Incorporations Centre, Road Town, Tortola , British Virgin Is.  This corrected registered office address identifies the shareholding company as one incorporated in the British Virgin Islands.

If you have any queries relating to this email please reply to RIET@companies.govt.nz

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Filed Under: Other Tagged With: Milk New Zealand Holding Ltd, Milk New Zealand Investment Ltd, Registries Integrity and Enforcement

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