Global Agricapital Holdings, a wholly-owned subsidiary of Nutryfarm, has entered into a joint venture agreement (JVA) with Kong Jun Durian on June 10.

Under the JVA, the parties intend to establish a joint venture company (JVC) to be incorporated in Singapore to sell and distribute pre-packed durians in Singapore.

Through the JVC, Global Agricapital Holdings will supply the pre-packed durians and Kong Jun will oversee the sales and distribution.

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