Brief: HLH Group updates on Cambodia operations

Hong Lai Huat

19/04/2016 11:37

April 19 (Reuters) - HLH Group Ltd  HLHG.SI : 
 
 * HLH Group expands agricultural footprint in cambodia - press release -) 
    HLHG.SI  
 * Says production levels are expected to increase to an estimated 150 tons per  day 
 * Says HLH plans to add another two production lines in 2017 which will raise 
   its daily starch production capacity to 600 tons 
 * Agriculture division is also targeting to set up four agriculture collection  centers in four cambodian provinces by end-2016 
 * HLH agriculture (cambodia) co. ltd is also planning to initiate programmes for contract farming to raise the competitiveness of cambodian farmers 
 * Cost of setting up four agriculture collection centers is about USD0.5 million each 
 * Cost of the new production facilities is estimated at USD10 million" 
 * Says by end of this year, agriculture division expects to export 50,000 tons  of both cassava starch and cassava chips 
 
* Source text for Eikon  ID:nSNZbXVnYv  
 
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