AGRINURTURE, INC. is planning to expand into Australia, starting with the acquisition of an agribusiness company.
In a disclosure to the stock exchange on Thursday, the listed agribusiness firm said its board of directors gave the go signal for its acquisition of Australian firm Plentex Limited.
Plentex owns a subsidiary in the Philippines with interests in agricultural development. Plentex Philippines, Inc. is currently working on an integrated manufacturing plant for local crops and for the production of feedstock for a proposed aquafeed plant.
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