Last year at this time, Mauians were cheering the news that Alexander & Baldwin had suddenly shed its former cane field land and 50 percent of its EMI irrigation system in a $267-million sale to a completely unknown, newly-created entity named Mahi Pono. Oh, there were high hopes for this corporate stranger, the result of a partnership between the Canadian Public Sector … [Read more...] about Naughty or Nice? At the one-year anniversary of Mahi Pono’s 56,000-acre Maui ag land grab, questions remain about the company’s ultimate intentions
ann chin
Mahi Pono Purchase Agreement: Lots of legalese with a few tasty nuggets
Here’s a link to the Alexander & Baldwin/Mahi Pono purchase and sales agreement, filed by A&B as part of a U.S. Securities and Exchange Commission Form 8K filing. The 50-plus pages are long on Real Estate legalese and short on what everyone really wants to see – any kind of listing of which A&B parcels Mahi Pono now owns. The attachment in which that … [Read more...] about Mahi Pono Purchase Agreement: Lots of legalese with a few tasty nuggets