Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Stemcell United Ltd. ( (AU:BP8) ) has issued an announcement.
BPH Global Ltd, operating under the ticker BP8 on the Australian Securities Exchange, has successfully completed its second seaweed sale under a Sales Cooperation Agreement with PT Kebula Raya Bestari. This transaction involved selling 40 metric tonnes of seaweed biomass to PT Surya Seaweed Indonesia, marking a significant operational milestone for the company. The logistics and supply chain were managed by Kebula, leveraging its established network in Indonesia. The sale proceeds will be shared between BP8 and Kebula on a 65:35 basis, reflecting the strategic partnership’s ongoing momentum and practical progress. This development underscores BP8’s commitment to efficiently connecting Indonesian seaweed producers with both domestic and international buyers, enhancing its market positioning.
More about Stemcell United Ltd.
Current Market Cap: A$2.1M
For detailed information about BP8 stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money