This year, despite the disruption caused by the Covid-19 challenges we all face, we’ve made remarkable progress on our aim to become certified for responsible forest management. We thank Malte Coulmann, our Southern North Island Regional Manager, and Hannah Harvey, our Environmental & Risk Manager for all their hard work on this.
The international environmental certification ensures that sustainable products come from responsibly managed forests; while providing environmental, social and economic benefits. We manage our forests to maximise returns to investors while proudly ensuring the environment is protected, we look after our workers’ and contractors’ health & safety, and we meet global standards. We thank our investors for their support in helping us achieve these goals.
Please note our offices are now closed and we return in the new year on Monday 10 January.
Best wishes for the holiday season from us all at Forest Enterprises.
Bert Hughes
CEO & Forestry Director
23 December 2021
A new shareholder and director at Forest Enterprises
Forest Enterprises Group Finance Manager Liz Brown became a shareholder and director in Forest Enterprises Growth Limited this month. She joins Bert Hughes, Graeme Tindall, Gordon Wong, Malte Coulmann and Dan Fraser as co-owner.
Liz has a BCA in Accounting and an MBA. She leads our finance and administration team and oversees the day-to-day accounting of our managed investment schemes. Liz is responsible for the financial accounting and budgeting functions for Forest Enterprises as well as our managed investment schemes.
The company congratulates Liz on this significant milestone.
Pukekōwhai Forest Investment SOLD OUT
Our latest second rotation offer, the Pukekōwhai Forest Investment has sold out and is now closed! Foundation and early investors were quick to take up shares and the investment was fully populated in record time.
We extend a warm welcome to over 60 new clients who have invested with Forest Enterprises for the first time. We also acknowledge the support of our existing clients who have chosen to invest in our new forestry investments for themselves and their families.
The demand for our forestry investments is so great that plans for our next offer have been accelerated. We hope to release it by mid-2022. For an advance copy of the next product disclosure statement when its available, click here.
Please note, no money is currently being sought in relation to offers of new issue forestry investments. Investors cannot currently apply for or acquire shares in an investment until Forest Enterprises Limited has registered a product disclosure statement and the offer is made in accordance with the Financial Markets Conduct Act 2013. No indication of interest by investors will involve an obligation or a commitment to acquire shares.
Bert Hughes elected to Forest Growers Levy Trust Board
Forest Enterprises CEO & Forestry Director Bert Hughes was elected to the Forest Growers Levy Trust Board earlier this year, representing New Zealand’s small forest owners such as the 6,500 individuals invested in our forestry managed investment schemes. Former Forest Enterprises Managing Director Steve Wilton FNZIF retired from the Trust Board this year.
The Forest Growers Levy Trust manages the proceeds of the levy on plantation timber products which is paid by forest owners during harvest. The levy is invested in the areas of research, development and promotion that will further advance New Zealand forestry here and overseas.
Learn more about the Forest Growers Levy Trust and the 2021 Work Programme.
Mechanisation ‘a new era’ for harvesting in New Zealand
This year, Forest Enterprises received the Eastland Wood Council Environmental Management Award recognising our support of contractors to implement innovative mechanised harvesting systems in our managed forests.
Forest Enterprises’ determination to improve health and safety and environmental performance is driving the implementation of mechanised harvesting, heralded as ‘a new era’ for harvesting in New Zealand.
Christmas 2021 Forestry Bulletin out now
Just published is the Christmas 2021 issue of the Forestry Bulletin from the New Zealand Forest Owners Association.
News in this issue:
- International Timber Manifesto launched for COP26
- Log markets and Covid – 2021 & 2022
- Wildfire season coming up – La Ninā increases fire risk in western and southern regions
- Collaboration is key to wilding control
- Protecting the bats
- and more…
Past issues of the Forestry Bulletin are available on the FOA website here.
Huge replanting year for Forest Enterprises, and Murray’s Nurseries
As our harvest grows, so too does our replanting programme. Forest Enterprises undertook a huge planting season in 2021, with nearly 1.2 million trees planted in Wairarapa and over 500,000 planted in Gisborne this winter.
Murray’s Nurseries in Woodville specialises in growing radiata seedlings for New Zealand forestry companies with sustainable harvest programmes, like Forest Enterprises.
Your free digital copy of Informed Investor Summer 2021
Here’s something else to add to your reading list this summer.
The team at Informed Investor magazine gave us a free digital copy of their latest issue to share with our investors.
