Investment1 Apr 2026, 03:10 pm
Avanti Feeds Ltd Invests USD 3 Million in Thai Union Feedmill Ecuador S.A.S.
AI Summary
Avanti Feeds Ltd has approved an investment in Thai Union Feedmill Ecuador S.A.S. (TFME), a to-be-incorporated company in Ecuador, South America. TFME will be engaged in aquaculture feed manufacturing and distribution. Avanti Feeds will invest USD 3 Million for a 10% stake in TFME, which is an associate company and JV partner of Avanti Feeds Limited. The cost of subscription is at a par value of USD One per share.
Key Highlights
- Avanti Feeds Ltd invests USD 3 Million in Thai Union Feedmill Ecuador S.A.S.
- TFME to be engaged in aquaculture feed manufacturing and distribution in Ecuador, South America.
- TFME is an associate company and JV partner of Avanti Feeds Limited.
- Avanti Feeds will hold a 10% stake in TFME.
- Cost of subscription is at a par value of USD One per share.