NutryFarm unit wins 195 million yuan sales order for Thai durians
Add BT as a preferred source
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.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Electricity tariff to rise significantly from July despite Iran deal: EMA
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Onitsuka Tiger pivots from Asics stripes to tap luxury market
