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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
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