BP8 provides China business updates, exploring partnerships and growth opportunities

Jul 20, 2023

BPH Global Ltd (ASX: BP8) has reported that its executive Directors, Matthew Leonard and Frank Cannavo, are currently in China to participate in significant commercial meetings and meet with prospective cornerstone investors. This crucial business development and fundraising opportunity spans over a period of 3-4 weeks, starting this week. This visit to China is a result of the new Board's thorough assessment of the company's operations, employee capabilities, organizational culture, and financial standing.

As part of the recent operational decisions arising from the review process, Gaia Mariculture Pte Ltd has been appointed to manage the company's research and development facility at the Singapore Marine Aquaculture Centre, while the company's premises at Defu Lane in Singapore have been closed. These steps aim to concentrate on further advancing the company's proprietary technology for seaweed commercial cultivation in Australia and Singapore.

 

 

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