SunRice stalls on ASX listing after Murray Goulburn fallout
Tim Binsted and Julie-anne Sprague
Updated
Rice export monopoly SunRice has again delayed a farmer vote on its capital restructure and ASX listing following a farmer backlash at dairy group Murray Goulburn, which has similar structure in place.
SunRice said on Tuesday that the restructure, which has been going on for years and was originally set for a vote in March, "is presently being impacted by recent developments regarding one of its joint venture partners".
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Tim Binsted writes on Business specialising in Agriculture, Construction, Manufacturing. Tim is based in our Sydney newsroom. Connect with Tim on Twitter.
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