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Fiji Kava Limited ( (AU:CCO) ) has provided an announcement.
The Calmer Co. International Limited has secured a FJD2.64m loan from the Fiji Development Bank to acquire its Navua manufacturing facility, marking a significant step in its expansion strategy. The acquisition will enhance the company’s production capabilities and strengthen its market position while allowing further investment in the Fijian economy, reflecting confidence from the Fiji Government and the continued partnership with Kai Ming Agro Processing.
More about Fiji Kava Limited
The Calmer Co. International Limited is a health and wellness company aiming to become the most dominant kava company globally. It focuses on kava production and is actively expanding its operations to meet the increasing global demand for kava products.
Average Trading Volume: 52,889,910
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$15.25M
Find detailed analytics on CCO stock on TipRanks’ Stock Analysis page.