Oceanus Group Limited (SG:579) has released an update.
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Oceanus Group’s subsidiary, Season Global Trading, has secured an exclusive deal to distribute Penfolds Champagne series in China, marking a first in Treasury Wine Estates’ 20-year history in the country. This strategic move is expected to bolster Oceanus Group’s beverage distribution footprint and leverage Season’s comprehensive sales channels to enhance Penfolds’ market presence in China.
For further insights into SG:579 stock, check out TipRanks’ Stock Analysis page.
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