In February 2025, the company announced its intention to delist from the New Zealand Stock Exchange and transfer ownership to Northland Regional Council (43%), Port of Tauranga Ltd (50%) and Ngāpuhi Investment Fund Ltd (Tupu Tonu) 7%.
Following consultation with shareholders the scheme was approved in June 2025. A new board of directors was appointed in July 2025.
Historical information in relation to our previous ownership can be found here: