Scott Technology shareholders are being asked to vote on a proposed investment scheme.

The Dunedin based company has received an investment offer from JBS Australia.

It's for a placement of ten million shares, at $1.39(a dollar thirty nine) per share.

JBS Australia is also offering to purchase shares at that price from any shareholder wanting to opt out or reduce their involvement.

It's looking to take over roughly half of Scott Technology's shares.

Umbrella company JBS is the largest animal protein processor in the world.