Original article by Kylar Loussikian
The Australian – Page: 1 & 2 : 29-Aug-16

Australian businesswoman Gina Rinehart is believed to be considering a joint bid for the S. Kidman & Company rural property empire. The proposal would result in Rinehart’s Hancock Prospecting taking a 66 per cent stake in Kidman, while the balance would be bought by Shanghai CRED Real Estate. The Chinese group recently withdrew from the consortium that had its bid to acquire Kidman blocked by the Federal Government. Rinehart has actively been investing in rural properties in recent years.

CORPORATES
S KIDMAN AND COMPANY PTY LTD,{SPAC}HANCOCK PROSPECTING PTY LTD,{SPAC}SHANGHAI CRED REAL ESTATE STOCK COMPANY LIMITED,{SPAC}SHANGHAI PENGXIN GROUP COMPANY LIMITED,{SPAC}AUSTRALIAN RURAL CAPITAL LIMITED – ASX ARC,{SPAC}AUSTRALIA. DEPT OF THE TREASURY,{SPAC}AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET,{SPAC}GENIUS LINKS ASSET MANAGEMENT,{SPAC}LIBERAL PARTY OF AUSTRALIA,{SPAC}ERNST AND YOUNG