NutryFarm unit wins 195 million yuan sales order for Thai durians

NUTRYFARM International's indirectly wholly-owned subsidiary, Global Agricapital (Thailand) Co (GAT), has landed a new sales order worth about 195 million yuan (S$40.59 million) from Moonda (Beijing) Agriculture Science and Technology Co for 300 containers of durians from Thailand.

Separately, GAT has signed a new purchase agreement with Tianchue (Thailand) Co to procure 200 containers of durians from Thailand. The estimated total contract value is 115.2 million yuan.

Recently incorporated in Thailand with a paid-up capital of five million baht (S$0.21 million), GAT will operate and manage the group's durian trading business in Thailand.

GAT is a wholly-owned subsidiary of Global Agricapital Holdings.