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Currently own 66.48%
https://www.stuff.co.nz/business/350...th-port-shares
Environment Southland is proposing to sell some of its shares in South Port, saying it wants to reduce its risk exposure.
The council says there is a risk that there is a change in operating circumstances and South Port cannot maintain its forecast dividend, reducing the offset against the general rate which would result in higher rates or more debt.
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