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Stemcell United Ltd. ( (AU:BP8) ) has shared an announcement.
BPH Global Ltd, operating through its Indonesian subsidiary BP8 Indonesia, is expanding its seaweed business with the appointment of Deepak Jha as Executive Director. Jha, with extensive experience in the global seaweed industry, will help drive the company’s strategy to consolidate and advance its seaweed operations. Recent developments include securing a warehouse lease in Makassar, initiating a seaweed cultivation pilot, and engaging with local farmers to ensure a consistent supply. Additionally, BPH Global has executed a Product Sales Cooperation Agreement with PT. Kebula Raya Bestari and a binding offtake agreement with Quanzhou Bailijie Biotechnology Co., Ltd., strengthening its position in the global seaweed market.
More about Stemcell United Ltd.
Current Market Cap: €1.26M
Learn more about BP8 stock on TipRanks’ Stock Analysis page.