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Ikhaya>Izindaba>Company Izindaba

Good news: Grand Resources Group Acquisition Palm Oil Original Refinement Factory

Isikhathi: 2022-11-02 Ukushaya: 3

On October 31st, Grand Resources Group announced that Grand oils & Foods (SINGAPORE) PTE.LTD successfully acquired the Malaysian Palm Oil Refinement Factory FGVIFFCO Oil Products Sdn Bhd(FIOP)100% equity at a price of 701 million Malaysia (approximately RMB 10.759 million). FIOP is located in the ancient port industrial zone of Malaysia. The geographical location is superior. It is about 2 kilometers from the port.

Affected by this news, Grand Resources Group's stock daily limit.

Grand Resources Group currently covers the three major areas of trade, oil, and ecological agriculture. In the field of trade, the company is mainly engaged in the trade and foreign trade import and export business of energy chemical industry, metal, rubber, and agricultural products; in the field of oil and fat, the company is committed to creating a full industry chain business model integrating resources, research and development, large -scale production, and trade; In the field of ecological agriculture, the company attaches great importance to the research and development of green pesticides, and has firmly deployed the direction of high -tech agricultural development.

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