Wednesday, February 14, 2007

Hancock in New Zealand

The following is from yesterday's Manulife's earning announcement:

"The Hancock Timber Resource Group (HTRG) announced the acquisition of approximately 200,000 hectares (494,000 acres) of New Zealand timberland and forestry rights. The properties are plantation forests that bring the total under HTRG management in New Zealand to approximately 296,000 hectares (731,000 acres)."

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