NutryFarm Unit Inks Pact With EBuy To Expand Durian Business In Singapore

SINGAPORE, May 11 (Bernama) -- NutryFarm International Ltd’s wholly-owned unit, Global Agricapital Holdings Pte Ltd, Tuesday entered into a memorandum of understanding (MoU) with EBuy Pte Ltd to expand its durian business activities in Singapore. Under the MoU, EBuy will import and distribute pre-packaged durians into Singapore from Malaysia and Thailand on behalf of Global Agricapital, and from the suppliers of Global Agricapital, said NutryFarm in its filing to the Singapore Exchange. Global Agricapital will ensure the consistent supply, quality, and authenticity of the pre-packaged durians from the suppliers, said the mainboard-listed company. “The parties expect to start the first shipment by June 1, 2021,” it added. Established as an e-commerce company in Singapore since 2013, EBuy is a leading distributor of fresh produce in the republic, including daily fresh vegetables and fruits, to food service providers, retailers, restaurants, and hotels. EBuy has 13 refrigerated warehouses in three locations with 16 trucks. -- BERNAMA