Costa Group Holdings (ASX:CGC) sees berry tenants packing shed damaged in fires - Sequoia Direct Pty Ltd

03JanJanuary 3, 2020

Costa Group Holdings (ASX:CGC) sees berry tenants packing shed damaged in fires

Vitalharvest Freehold Trust (ASX:VTH) who leases assets to Costa Group Holdings (ASX:CGC) says they packing shed at Tumbarumba berry farm has been damaged by bushfires.

Vitalharvest owns Australia’s largest citrus and berry portfolio understands that the Dunns Road fire, which has burnt over 130,000ha of land has not materially impacted their plants.

Assets owned by the tenant, including the packing equipment and several vehicles, have also been damaged.

Access to the property remains limited so a full assessment of the damage will not be completed until the region is safe and access available.

Shares in Costa Group Holdings (ASX:CGC) are trading 1 per cent higher at $2.54

Copyright 2020 – Finance News Network

Source: Finance News Network

Related Posts

28NovNovember 28, 2023

Stocks of the Hour: Namoi Cotton, Imugene, Beston Global Food

28 Nov 2023 - A snapshot of the stocks on the move, featuring Namoi Cotton (ASX:NAM), Imugene (ASX:IMU) and Beston Global Food (ASX:BFC).

07JulJuly 7, 2020

Dexus’s (ASX:DXS) DALT acquires two industrial assets

07 Jul 2020 - Dexus (ASX:DXS) today announced that the Dexus Australian Logistics Trust, in which Dexus holds a 51 per cent interest, has exchanged contracts to acquire two quality industrial properties.

20MayMay 20, 2021

Stocks of the Hour: Nufarm, Evolution Mining & Beacon Lighting

20 May 2021 - Our snapshot of notable stocks today featuring Nufarm, Evolution Mining & Beacon Lighting.

20NovNovember 20, 2023

Stocks of the Hour: AML3D, Artrya, ABx Group

20 Nov 2023 - A snapshot of the stocks on the move, featuring AML3D (ASX:AL3), Artrya (ASX:AYA) and ABx Group (ASX:ABX).

27MayMay 27, 2021

Stocks of the Hour: Fisher & Paykel, AMP, CBA & Mosaic

27 May 2021 - A snapshot of companies making headlines for the hour, featuring Fisher & Paykel, AMP, CBA & Mosaic.

03OctOctober 3, 2019

Telix Pharmaceuticals to acquire a European production facility

03 Oct 2019 - Telix Pharmaceuticals (ASX:TLX) has entered into a conditional purchase agreement with technology giant Eckert & Ziegler to acquire a radiopharmaceutical production facility in Belgium.

01NovNovember 1, 2019

ARB Corporation (ASX:ARB) codevelops off road parts with Ford

01 Nov 2019 - ARB Corporation (ASX:ARB) has developed a new, co-branded product as part of its collaboration with the Ford Motor Company in North America.

31MarMarch 31, 2020

G8 Education (ASX:GEM) postpones dividend until October

31 Mar 2020 - G8 Education (ASX:GEM) has postponed the payment of its fully franked final dividend until the end of October.

20JanJanuary 20, 2021

Downer EDI (ASX:DOW) awarded $330 million Telstra contract

20 Jan 2021 - Downer EDI (ASX:DOW) has been awarded a Field Services contract by Telstra (ASX:TLS) at around $330 million over a maximum term of five years.

23SepSeptember 23, 2020

Nufarm (ASX:NUF) reports $456 million loss

23 Sep 2020 - Nufarm (ASX:NUF) today reported a statutory net loss after tax for financial year 2020 of $456 million and underlying earnings before interest, tax, depreciation and amortisation from continuing operations of $236 million.