Halcyon Agri Corporation, on March 3, announced that Singapore Exchange (SGX) has invested US$1.5 million ($2.00 million) in HeveaConnect, a digital marketplace for sustainable natural rubber, for a 9.09% stake.
The investment was made through SGX’s wholly-owned subsidiary, Asian Gateway Investments.
HeveaConnect was incorporated on Aug 28, 2018, to digitalise the traditional natural rubber supply chain and fulfil the growing demand from consumers for sustainably sourced and responsibly produced rubber.
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