Asia Pacific: SATS, BRF forms JV company in Singapore

Singapore-based SATS’ subsidiary, Singapore Food Industriemagnesium lactate vitamin b6s (SFI) and BRF have set up a joint venturemagnesium citrate daily for constipation (JV) company in Singapmagnesium citrate harris teeterore to process meat and manufacture branded food products for distribution to retailers, restaurants, wholesalers, distributors and ship chandllifetime liquid calciumepure zinc citraters.###The new company SATS BRF Food will have an issued and paidsolaray calcium citrate 1000 mg up share capitalpara que es bueno el magnesium citrate of S$48 million (Umetagenics magnesium citrateS$35.6 millioncalcium citrate with vitamin d 315 mg) conspure encapsulations magnesium citrate malateisting of 48 million ordinary shares of S$1 each.###SFI will hold 24.48 million ordinary shares while BRF GmbH will holdcitracal d chewablebest liquid calcium citrate 23.52magnesium citrate for gut health million, representingbluebonnet calcium citrate liquid 51% and calcium citrate d3 with magnesium49% equity stakes respectively.###Thecitracal alternative new wmagnesium citrate for crampsill ferrous gluconate 300 mgweightworld magnesium citratebe clbariatric advantage calcium citrate chewy bites 500mgassified as an investment in JV by SATS.###Subject to the fulfillment of certain conditions precedent, including the recmagicmag anti stress drinkeipt of acitrate dpprovals from the relevant regulatory authorities, completion of the magnesium laxative liquidtransactizinc gluconate and zinc sulfateon is expected to take place onzinc citrate natural factors May 15, 2015.###Under the terms of the joint venture agreement, SFI will first transfer its food distribution business to SATS BRmagnesium citrate for musclesF Food, in exchange fdocusate and ferrous fumarateor 100%magnesium citrate for skin of tmagnesium citrate malate glycinatehe shareferrous fumarate 600 mgs in the capital of the JV company.###In addition to the business transfer, SFI will grant azinc glycolate limagnesium supplement with citrate glycinate and malatecense for the use of certain brands and trademarks in Singapore and along with its subsidiarfergon 324ies grant a sublease oferrous fumarate 322f twocarlson chewable calcium citrate meat processing plants and a warehouse to SATS BRF Food.###BRF is the world’s seventh largest foodsisu cal mag compaferrous gluconate in black olivesny by revenue and Bra150mg magnesiumzil’s fergon iron 325 mgleading mag lactate 84 mgproducer of meat products.###citrus laxative drinkIt is a key supplier to SATS, wcalcium citrate strengthhich citracal 250ferrous gluconate anemiain turn is also one of its largest custodyna ferrous fumaratemers in Singapore.###The focalcium petites tabletsrmatspring valley magnesium citrateion of SATS BRF Food will create a fmagnesium citrate 400 mg solarayood distreuro fer ferrous fumarate 300 mgibution and meat processing businessmagnesium l lactate with enhanced scale and higher productivity.###The JV company intends to growunjury calcium citrate its portfolio of brandecalcium citrate 250d food zma magnesium citratepvalupak zinc gluconateroducts calcium citrate pricefor the Singapore market and to expand into other Southeast Asian markets over time.

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