NutryFarm is betting on Asia's love affair with durians
The king of fruits will be the mainboard-listed company's calling card into the global agricultural arena.
Singapore
MAINBOARD-LISTED NutryFarm International wants to seize on China's demand for durians, and eventually create an international platform where fresh produce can be sold and traded.
In an interview with The Business Times, Cheng Meng, who has been NutryFarm's chief executive officer since January this year, says he has been busy focusing on two key objectives: one, to stabilise its nutrition and health food business which has been battered by regulatory headwinds and Covid-19; and two, to develop a new core business that capitalises on the group's understanding of food certifications and connections in China, a move he believes will provide NutryFarm with a strong foundation and new growth drivers.
TRENDING NOW
Ohmyhome Ltd sells real estate business for token US$1 due to poor business and continued losses
Real estate firm Ohmyhome’s journey over the past 10 years
Could Ohmyhome face Nasdaq delisting after selling its core unit for US$1? Experts weigh in
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan