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HO...HO...HO....Bull or Bear. Opportunities for NutryFarm.😀
tedlim ( Date: 05-Apr-2022 19:35) Posted:
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Why not talk about the last fund of about $30 millions transferred to China and where is the $$ now ,, please return to shareholders and don' t conveniently forget the issue ,,,
tedlim ( Date: 05-Apr-2022 19:40) Posted:
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Halted, ?.
Here is the POSITIVE ONE: MOU to set up a US$25 million durian sub-fund
The Board of Directors (the &ldquo Board&rdquo ) of Nutryfarm International Limited (the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ) wishes to announce that it has entered into a non-legally binding Memorandum of Understanding with Pharos Assets Management Pte Ltd (&ldquo Pharos&rdquo ) to set up a US$25 million durian sub-fund (the &ldquo Sub-Fund&rdquo ) under Pharos Global Multi-Strategy Fund VCC (the &ldquo VCC&rdquo ) to finance the Group&rsquo s durian trading transactions.
Pharos is an independent asset management company and holds a Capital Market Services License regulated under the Monetary Authority of Singapore. It provides independent asset and wealth management solutions to clients in Greater China and Asia-Pacific regions and manages bespoke portfolios to clients.
Subject to the execution of a Collaboration Agreement, Pharos will set up and manage the Sub-Fund under the VCC while Nutryfarm will provide the trading dealflow and undertake a minimum annual return to the Sub- Fund. The Parties will work together to launch and seek investors to the Sub-Fund. The details are subject to further discussions with Pharos.
The Company will update shareholders of the Company on any further material development at a later stage.
Save for their respective interests in the share capital of the Company, none of the Directors or substantial shareholders of the Company have any interest, direct or indirect, in the transactions contemplated above.
Shareholders and potential investors are advised to exercise caution in trading its shares as there is no guarantee that the Company will be able to enter into definitive agreement and/or the successful launch of the Sub-Fund.
The Board of Directors (the &ldquo Board&rdquo ) of Nutryfarm International Limited (the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ) wishes to announce that it has entered into a non-legally binding Memorandum of Understanding with Pharos Assets Management Pte Ltd (&ldquo Pharos&rdquo ) to set up a US$25 million durian sub-fund (the &ldquo Sub-Fund&rdquo ) under Pharos Global Multi-Strategy Fund VCC (the &ldquo VCC&rdquo ) to finance the Group&rsquo s durian trading transactions.
Pharos is an independent asset management company and holds a Capital Market Services License regulated under the Monetary Authority of Singapore. It provides independent asset and wealth management solutions to clients in Greater China and Asia-Pacific regions and manages bespoke portfolios to clients.
Subject to the execution of a Collaboration Agreement, Pharos will set up and manage the Sub-Fund under the VCC while Nutryfarm will provide the trading dealflow and undertake a minimum annual return to the Sub- Fund. The Parties will work together to launch and seek investors to the Sub-Fund. The details are subject to further discussions with Pharos.
The Company will update shareholders of the Company on any further material development at a later stage.
Save for their respective interests in the share capital of the Company, none of the Directors or substantial shareholders of the Company have any interest, direct or indirect, in the transactions contemplated above.
Shareholders and potential investors are advised to exercise caution in trading its shares as there is no guarantee that the Company will be able to enter into definitive agreement and/or the successful launch of the Sub-Fund.
HERE IS THE NEGATIVE ONE: LETTER OF DEMAND
The Board of Directors (the &ldquo Board&rdquo ) of NutryFarm International Limited (the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ) wishes to announce inform shareholders that Corpbond IV Ltd (formerly known as
Furong Corpbond II Ltd) (the &ldquo Lender&rdquo ), through their solicitors, Bayfront Law LLC (the &ldquo Bayfront&rdquo ), has issued a letter of demand dated 1 April 2022 to each of the Company&rsquo s indirect wholly-owned subsidiary, LottVision
(Hong Kong) Limited (the &ldquo LVHK&rdquo ) (as a guarantor pursuant to a guarantee dated 30 October 2017) (the &ldquo Letter of Demand 1&rdquo ), and the Company&rsquo s corporate secretarial services provider, Lee & Lee (the &ldquo Letter of Demand
2&rdquo ) (collectively, Letter of Demand 1 and Letter of Demand 2, the &ldquo Letters of Demand&rdquo ), for an alleged sum of SGD3,879,005.99 and USD271,849.32 being the outstanding principal amounts matured and interests due
under the Loan Agreement, together with Default Interest thereon as of 31 March 2022 (the &ldquo Outstanding Sums&rdquo ), in relation to a loan agreement entered into between the Company, Furong Investments Pte Ltd and
the Lender dated 30 October 2017 (&ldquo Loan Agreement&rdquo ). For the avoidance of doubt, the Company has not appointed Lee & Lee or any legal firm as its solicitors to act on this matter as of the release of this Announcement.
The Letters of Demand, inter alia, states that:
(i) in respect of Letter of Demand 1, if the Outstanding Sums are not paid in full to the Lender or Bayfront (as solicitors for the Lender) within ten (10) working days of the date of the Letter of Demand 1, the Lender will commence legal proceedings against LVHK to recover the sums owed by LVHK without further reference.
(ii) in respect of Letter of Demand 2, if the Outstanding Sums are not paid in full to the Lender or Bayfront (as solicitors for the Lender) within five (5) working days of the date of the Letter of Demand 2, the Lender will declare the Total Indebtedness (as defined in the Loan Agreement) to be immediately due and payable and exercise their rights or remedies under the Loan Agreement, including by commencing legal proceedings against the Company without further reference.
The Company will be seeking legal advice on the Letters of Demand and will take the appropriate action accordingly.
Further announcements will be made by the Company via SGXNET as and when there are material developments on the aforesaid matter.
Shareholders and potential investors are advised to exercise caution when dealing in the securities of the Company. Shareholders and potential investors are advised to read this announcement and any further announcements by the Company carefully. Shareholders and investors should consult their stockbrokers, bank managers and other professional advisors if they have any doubt as to the actions they should take
The Board of Directors (the &ldquo Board&rdquo ) of NutryFarm International Limited (the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ) wishes to announce inform shareholders that Corpbond IV Ltd (formerly known as
Furong Corpbond II Ltd) (the &ldquo Lender&rdquo ), through their solicitors, Bayfront Law LLC (the &ldquo Bayfront&rdquo ), has issued a letter of demand dated 1 April 2022 to each of the Company&rsquo s indirect wholly-owned subsidiary, LottVision
(Hong Kong) Limited (the &ldquo LVHK&rdquo ) (as a guarantor pursuant to a guarantee dated 30 October 2017) (the &ldquo Letter of Demand 1&rdquo ), and the Company&rsquo s corporate secretarial services provider, Lee & Lee (the &ldquo Letter of Demand
2&rdquo ) (collectively, Letter of Demand 1 and Letter of Demand 2, the &ldquo Letters of Demand&rdquo ), for an alleged sum of SGD3,879,005.99 and USD271,849.32 being the outstanding principal amounts matured and interests due
under the Loan Agreement, together with Default Interest thereon as of 31 March 2022 (the &ldquo Outstanding Sums&rdquo ), in relation to a loan agreement entered into between the Company, Furong Investments Pte Ltd and
the Lender dated 30 October 2017 (&ldquo Loan Agreement&rdquo ). For the avoidance of doubt, the Company has not appointed Lee & Lee or any legal firm as its solicitors to act on this matter as of the release of this Announcement.
The Letters of Demand, inter alia, states that:
(i) in respect of Letter of Demand 1, if the Outstanding Sums are not paid in full to the Lender or Bayfront (as solicitors for the Lender) within ten (10) working days of the date of the Letter of Demand 1, the Lender will commence legal proceedings against LVHK to recover the sums owed by LVHK without further reference.
(ii) in respect of Letter of Demand 2, if the Outstanding Sums are not paid in full to the Lender or Bayfront (as solicitors for the Lender) within five (5) working days of the date of the Letter of Demand 2, the Lender will declare the Total Indebtedness (as defined in the Loan Agreement) to be immediately due and payable and exercise their rights or remedies under the Loan Agreement, including by commencing legal proceedings against the Company without further reference.
The Company will be seeking legal advice on the Letters of Demand and will take the appropriate action accordingly.
Further announcements will be made by the Company via SGXNET as and when there are material developments on the aforesaid matter.
Shareholders and potential investors are advised to exercise caution when dealing in the securities of the Company. Shareholders and potential investors are advised to read this announcement and any further announcements by the Company carefully. Shareholders and investors should consult their stockbrokers, bank managers and other professional advisors if they have any doubt as to the actions they should take
Today has 2 NEWS announced..both anouncements are opposite of each other...
One is positive and one is negative
One is positive and one is negative
NutryFarm Secures New Sales Order to Purchase and Supply 100 Containers of Fresh and Frozen Durians and Related Durian Products to a Premium Fruit Importer in China
Singapore, 21 December 2021 &ndash NutryFarm International Limited (&ldquo NutryFarm&rdquo or the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ), is pleased to announce that Global Agricapital (Singapore) Pte. Ltd. (&ldquo GAS&rdquo ), a wholly-owned subsidiary of Global Agricapital Holdings Pte. Ltd. (&ldquo GAH&rdquo ), which is in turn a wholly-owned subsidiary of the Company, has secured new sales order to purchase and supply 100 containers of fresh and frozen durians and related durian products to Guangzhou Wenwu Hetai Trading Co., Ltd 广 州 文 武 和 泰 贸 易 有 限 公 司 (&ldquo GZWH&rdquo ) under a binding purchase agreement.
GZWH specialises in the importation of premium fruits such as durian, cherries, kiwi, etc under the established brand name of &ldquo Fruit Dream&rdquo . GZWH imports more than US$600 million worth of fruits each year and the annual import volume of durian products exceeds 1,000 containers. GZWH has built up sales channels throughout China and enjoy a strong reputation in the domestic market as a high-quality supplier to various supermarkets, retail stores and online e-commerce platforms.
Adhering to stringent quality assurance standards across its entire work process, the Group continues to comply with the relevant regulatory requirements for the export of fresh and frozen durians and related durian products to China.
Thank....Thank to CIMB
teeth53 ( Date: 21-Dec-2021 15:26) Posted:
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HO...HO...HO....bull. Opportunities for NutryFarm.😀
Cheers. Bro.....huat. ok (NutryFarm 2,680,500. Share 0.325...)
teeth53 ( Date: 17-Dec-2021 15:39) Posted:
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NutryFarm Signs Collaboration Agreement with Established Business Partners in China to Procure and Supply 1,000 Containers of Fresh Durians from Thailand to China Within a One-Year Period
&bull Opportunities for NutryFarm to create new value propositions in China&rsquo s durian industry together with its established business partners in China, who have a strong track record and extensive business networks in China&rsquo s fresh produce and agriculture industry
Singapore, 20 December 2021 &ndash NutryFarm International Limited (&ldquo NutryFarm&rdquo or the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ), is pleased to announce that the Group&rsquo s indirectly wholly-owned subsidiary, Global Agricapital (Thailand) Co., Ltd (&ldquo GAT&rdquo ), has entered into a collaboration agreement with 南 京 中 合 融 惠 信 息 科 技 有 限 公 司 (&ldquo Nanjing Zhongheronghui&rdquo ) and 金 鹰 国 际 货 运 代 理 有 限 公 司 (&ldquo DSC Logistics (China) Co., Ltd.&rdquo ) to procure and supply 1,000 containers of fresh durians from Thailand to China within a one-year period.
Nanjing Zhongheronghui is a wholly-owned subsidiary of China Co-Op Group (中 国 供 销 集 团 有 限 公 司 ), a State Council-approved enterprise in China that is engaged in large-scale agricultural-related marketing and distribution activities. For more information on China Co-Op Group, please visit http://www.ccoopg.com.
DSC Logistics (China) Co., Ltd. is one of the logistics supply chain business units under S.F. HOLDING CO., LTD., which is the largest integrated logistics service provider in China. Leveraging on its parent company&rsquo s extensive global experience, business networks and capabilities, DSC Logistics (China) Co., Ltd. provides innovative solutions in the area of integrated logistics services for a diversified group of industries that includes high technology, medical, retail, consumer goods, automotive, chemicals, and e-commerce, among others.
Under the collaboration agreement, both GAT and Nanjing Zhonghe shall jointly establish a supply chain platform and marketing channels in China in relation to fresh fruits and produce. GAT will be in charge of the procurement of fresh durians from Thailand in accordance to customers&rsquo requirements, while Nanjing Zhonghe shall be responsible in developing the supply chain and marketing platform of Thailand durians for the Chinese market. In addition, DSC Logistics (China) Co., Ltd. shall provide the relevant overseas and domestic logistics solutions for the transportation, distribution and delivery of the fresh durians.
Adhering to stringent quality assurance standards across its entire work process, the Group continues to comply with the relevant regulatory requirements for the export of fresh durians from Thailand to China. In addition, the Group has instituted safe management measures in its work processes since the outbreak of COVID-19 to further limit the risks of transmission.
In 2020, China imported around 575,000 tons of fresh durian worth USD 2.08 billion, a growth of 78% year-on-year, cementing China as Thailand' s largest export destination for fresh durian. Thailand is also the largest fruit supplier to China(
Driven by the growing demand by Chinese consumers, Thailand' s durian exports in the first seven months of 2021 reached 37,148 containers, or 668,664 tons, according to the Thai Durian association.
.
Since December 2020, the Group has announced various agreements to sell fresh durians from Thailand to major Chinese fruit importers and the total contract value of these agreements has exceeded RMB 1 billion.
The Group&rsquo s durian business has been a strong contributor to its third quarter results for the financial period ended 30 June 2021, which led to revenue surging 42-fold to HK$516.77 million and net profit of HK$19.24 million.
In August 2021, the Group obtained approval from shareholders via an Extraordinary General Meeting to diversify its business and expand its core business to include fruit trading.
And in September 2021, the Group completed a share placement exercise, via the issuance of 20 million new ordinary shares at an issue price of S$0.29 per share, to raise gross proceeds of S$5.8 million to accelerate its growth plans in Asia&rsquo s durian industry.
Executive Director and Chief Executive Officer of NutryFarm, Mr. Cheng Meng (程 勐 ), said, &ldquo Our established business partners in China have built up a strong track record and extensive business networks in China&rsquo s fresh produce and agriculture industry.
Chinese import of durians has increased every year with import prices showing a steady rise but the market potential remains huge with China&rsquo s growing middle class. Combining our collective capabilities and resources, we aim to harness new business opportunities together with increased agility and scalability.&rdquo
Previous anouncements was like 100 containers and 200 containers...NOW it is 1,000 containers!!!
Somemore partner China state-owned company and Shun Feng logistics...
Somemore partner China state-owned company and Shun Feng logistics...
NutryFarm Signs Collaboration Agreement with Established Business Partners in China to Procure and Supply 1,000 Containers of Fresh Durians from Thailand to China Within a One-Year Period
&bull Opportunities for NutryFarm to create new value propositions in China&rsquo s durian industry together with its established business partners in China, who have a strong track record and extensive business networks in China&rsquo s fresh produce and agriculture industry
Singapore, 20 December 2021 &ndash NutryFarm International Limited (&ldquo NutryFarm&rdquo or the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ), is pleased to announce that the Group&rsquo s indirectly wholly-owned subsidiary, Global Agricapital (Thailand) Co., Ltd (&ldquo GAT&rdquo ), has entered into a collaboration agreement with 南 京 中 合 融 惠 信 息 科 技 有 限 公 司 (&ldquo Nanjing Zhongheronghui&rdquo ) and 金 鹰 国 际 货 运 代 理 有 限 公 司 (&ldquo DSC Logistics (China) Co., Ltd.&rdquo ) to procure and supply 1,000 containers of fresh durians from Thailand to China within a one-year period.
Nanjing Zhongheronghui is a wholly-owned subsidiary of China Co-Op Group (中 国 供 销 集 团 有 限 公 司 ), a State Council-approved enterprise in China that is engaged in large-scale agricultural-related marketing and distribution activities. For more information on China Co-Op Group, please visit http://www.ccoopg.com.
DSC Logistics (China) Co., Ltd. is one of the logistics supply chain business units under S.F. HOLDING CO., LTD., which is the largest integrated logistics service provider in China. Leveraging on its parent company&rsquo s extensive global experience, business networks and capabilities, DSC Logistics (China) Co., Ltd. provides innovative solutions in the area of integrated logistics services for a diversified group of industries that includes high technology, medical, retail, consumer goods, automotive, chemicals, and e-commerce, among others.
Under the collaboration agreement, both GAT and Nanjing Zhonghe shall jointly establish a supply chain platform and marketing channels in China in relation to fresh fruits and produce. GAT will be in charge of the procurement of fresh durians from Thailand in accordance to customers&rsquo requirements, while Nanjing Zhonghe shall be responsible in developing the supply chain and marketing platform of Thailand durians for the Chinese market. In addition, DSC Logistics (China) Co., Ltd. shall provide the relevant overseas and domestic logistics solutions for the transportation, distribution and delivery of the fresh durians.
Adhering to stringent quality assurance standards across its entire work process, the Group continues to comply with the relevant regulatory requirements for the export of fresh durians from Thailand to China. In addition, the Group has instituted safe management measures in its work processes since the outbreak of COVID-19 to further limit the risks of transmission.
In 2020, China imported around 575,000 tons of fresh durian worth USD 2.08 billion, a growth of 78% year-on-year, cementing China as Thailand' s largest export destination for fresh durian. Thailand is also the largest fruit supplier to China(
Driven by the growing demand by Chinese consumers, Thailand' s durian exports in the first seven months of 2021 reached 37,148 containers, or 668,664 tons, according to the Thai Durian association.
.
Since December 2020, the Group has announced various agreements to sell fresh durians from Thailand to major Chinese fruit importers and the total contract value of these agreements has exceeded RMB 1 billion.
The Group&rsquo s durian business has been a strong contributor to its third quarter results for the financial period ended 30 June 2021, which led to revenue surging 42-fold to HK$516.77 million and net profit of HK$19.24 million.
In August 2021, the Group obtained approval from shareholders via an Extraordinary General Meeting to diversify its business and expand its core business to include fruit trading.
And in September 2021, the Group completed a share placement exercise, via the issuance of 20 million new ordinary shares at an issue price of S$0.29 per share, to raise gross proceeds of S$5.8 million to accelerate its growth plans in Asia&rsquo s durian industry.
Executive Director and Chief Executive Officer of NutryFarm, Mr. Cheng Meng (程 勐 ), said, &ldquo Our established business partners in China have built up a strong track record and extensive business networks in China&rsquo s fresh produce and agriculture industry.
Chinese import of durians has increased every year with import prices showing a steady rise but the market potential remains huge with China&rsquo s growing middle class. Combining our collective capabilities and resources, we aim to harness new business opportunities together with increased agility and scalability.&rdquo
EXECUTION OF COLLABORATION AGREEMENT
The Board of Directors (the &ldquo Board&rdquo ) of NutryFarm International Limited (the &ldquo Company&rdquo , and together with
its subsidiaries, the &ldquo Group&rdquo ) wishes to announce that Global Agricapital (Thailand) Co. Ltd. (&ldquo GAT&rdquo ), a
wholly-owned subsidiary of Global Agricapital Holdings Pte. Ltd. (&ldquo GAH&rdquo ), which is in turn a wholly-owned
subsidiary of the Company, had on 20 December 2021 entered into a collaboration agreement with Nanjing
Zhonghe Ronghui Information Technology Co., Ltd, 南 京 中 合 融 惠 信 息 技 术 有 限 公 司 (&ldquo Nanjing
Zhongheronghui&rdquo ) and DSC Logistics (China) Co., Ltd., 金 鹰 国 际 货 运 代 理 有 限 公 司 (&ldquo DSC Logistics&rdquo ) to
import fresh durians from Thailand to China for the period 20 December 2021 to 22 November 2023 (the
&ldquo Collaboration Agreement&rdquo ). The parties have agreed to set a target of 1000 containers within the 1st year
of collaboration.
Collaboration Agreement
Under the Collaboration Agreement, GAT and Nanjing Zhongheronghui shall jointly establish a supply chain
platform and marketing channels in China in relation to fresh fruits and produce. GAT will be in charge of
the procurement of fresh durians from Thailand in accordance to customers&rsquo requirements, while Nanjing
Zhongheronghui shall be responsible in developing the supply chain and marketing platform of Thailand
durians for the Chinese market. In addition, DSC Logistics shall provide the relevant overseas and domestic
logistics solutions for the transportation, distribution and delivery of the fresh durians.
Nanjing Zhongheronghui is a wholly-owned subsidiary of China Co-Op Group (中 国 供 销 集 团 有 限 公 司 ), a
State Council approved enterprise in China that is engaged in large scale agricultural related marketing and
distribution activities. For more information on China Co-Op Group, please visit http://www.ccoopg.com.
DSC Logistics is one of the logistics supply chain business units under S.F. HOLDING CO., LTD., which is
the largest integrated logistics service provider in China. Leveraging on its parent company&rsquo s extensive global
experience, business networks and capabilities, DSC Logistics provides innovative solutions in the area of
integrated logistics services for a diversified group of industries that includes high technology, medical, retail,
consumer goods, automotive, chemicals, and e-commerce, among others.
A copy of the agreements referred to in this announcement, with commercially sensitive information
redacted, will be available for inspection during normal business hours at the principal office of the Company
at Room 1916, 19/F, Star House, 3 Salisbury Road, Tsim Sha Tsui, Kowloon, Hong Kong, for three (3)
months from the date of this announcement.
Save for their respective interests in the share capital of the Company, none of the Directors or substantial
shareholders of the Company have any interest, direct or indirect, in the transactions contemplated above.
Shareholders and potential investors are advised to exercise caution in trading its shares as there is no
guarantee that the Company will be able to secure the durians at attractive prices and/or maintain attractive
margins.
BY ORDER OF THE BOARD
Cheng Meng
Chief Executive Officer and Executive Director
20 December 2021
The Board of Directors (the &ldquo Board&rdquo ) of NutryFarm International Limited (the &ldquo Company&rdquo , and together with
its subsidiaries, the &ldquo Group&rdquo ) wishes to announce that Global Agricapital (Thailand) Co. Ltd. (&ldquo GAT&rdquo ), a
wholly-owned subsidiary of Global Agricapital Holdings Pte. Ltd. (&ldquo GAH&rdquo ), which is in turn a wholly-owned
subsidiary of the Company, had on 20 December 2021 entered into a collaboration agreement with Nanjing
Zhonghe Ronghui Information Technology Co., Ltd, 南 京 中 合 融 惠 信 息 技 术 有 限 公 司 (&ldquo Nanjing
Zhongheronghui&rdquo ) and DSC Logistics (China) Co., Ltd., 金 鹰 国 际 货 运 代 理 有 限 公 司 (&ldquo DSC Logistics&rdquo ) to
import fresh durians from Thailand to China for the period 20 December 2021 to 22 November 2023 (the
&ldquo Collaboration Agreement&rdquo ). The parties have agreed to set a target of 1000 containers within the 1st year
of collaboration.
Collaboration Agreement
Under the Collaboration Agreement, GAT and Nanjing Zhongheronghui shall jointly establish a supply chain
platform and marketing channels in China in relation to fresh fruits and produce. GAT will be in charge of
the procurement of fresh durians from Thailand in accordance to customers&rsquo requirements, while Nanjing
Zhongheronghui shall be responsible in developing the supply chain and marketing platform of Thailand
durians for the Chinese market. In addition, DSC Logistics shall provide the relevant overseas and domestic
logistics solutions for the transportation, distribution and delivery of the fresh durians.
Nanjing Zhongheronghui is a wholly-owned subsidiary of China Co-Op Group (中 国 供 销 集 团 有 限 公 司 ), a
State Council approved enterprise in China that is engaged in large scale agricultural related marketing and
distribution activities. For more information on China Co-Op Group, please visit http://www.ccoopg.com.
DSC Logistics is one of the logistics supply chain business units under S.F. HOLDING CO., LTD., which is
the largest integrated logistics service provider in China. Leveraging on its parent company&rsquo s extensive global
experience, business networks and capabilities, DSC Logistics provides innovative solutions in the area of
integrated logistics services for a diversified group of industries that includes high technology, medical, retail,
consumer goods, automotive, chemicals, and e-commerce, among others.
A copy of the agreements referred to in this announcement, with commercially sensitive information
redacted, will be available for inspection during normal business hours at the principal office of the Company
at Room 1916, 19/F, Star House, 3 Salisbury Road, Tsim Sha Tsui, Kowloon, Hong Kong, for three (3)
months from the date of this announcement.
Save for their respective interests in the share capital of the Company, none of the Directors or substantial
shareholders of the Company have any interest, direct or indirect, in the transactions contemplated above.
Shareholders and potential investors are advised to exercise caution in trading its shares as there is no
guarantee that the Company will be able to secure the durians at attractive prices and/or maintain attractive
margins.
BY ORDER OF THE BOARD
Cheng Meng
Chief Executive Officer and Executive Director
20 December 2021
Cheers. Bro.....huat, ya,. Durian.
teeth53 ( Date: 16-Dec-2021 14:20) Posted:
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😀 Bb durians asset......
teeth53 ( Date: 12-Dec-2021 14:32) Posted:
|
$NutryFarm(AZT.SI)
Another article stating China insane demand. Do note China Stand on the virus. I believe there will be more Chinese staying within China during this festive season. Could potentially push the demand up.
" The most popular products are jackfruit, dragon fruit, longan, and durian, with trading volumes of 22,200 tons, 16,800 tons, 9,046 tons, and 4,184 tons, respectively."
https://www.freshplaza.com/article/9383217/jiaxing-china-the-volume-of-imported-fruit-transactions-in-november-increased-by-43-42-from-the-same-period-last-year/
$NutryFarm(AZT.SI) Just look at how expensive the durians are in China!
About US$400 to US$500 per metric ton.
https://www.alibaba.com/countrysearch/CN/durian-price.html
AZT (NutryFarm) 0,290 Mid 420,000 ....OK 😀 😀
teeth53 ( Date: 09-Dec-2021 09:02) Posted:
|
$NutryFarm(AZT.SI) Really good news for Durian farmers in Thailand!
https://www.globaltimes.cn/page/202112/1240823.shtml
Cheers. Bro.....
TodaySgCny ( Date: 18-Nov-2021 07:33) Posted:
|