Australia's Jatcorp rises on agreement with Saputo

Jatcorp

27/01/2022 04:33

** Shares of consumer goods maker Jatcorp Ltd  JAT.AX  rise
as much as 5.6% to A$0.019 on agreement to make products for
Saputo  SAP.TO  
    ** Says it entered co-branding agreement with Pinnacle
Laboratories of Melbourne, the owner of the CocoSoul range of
coconut milk products, to develop new products under a new
co-brand to be known as CocoSoul Moroka  urn:newsml:reuters.com:*:nASX6N0ddP 
    ** Says the co-branded products will be distributed
worldwide by Saputo, a Canadian dairy firm 
    ** Gains come despite an over 2% dip in the broader marker
 .AXJO  
    ** About 10.3 mln shares have changed hands, compared with
the 30-day average of about 6.8 mln shares 
    ** JAT up 20% this year as of last close 
    


 (Reporting by Harshita Swaminathan in Bengaluru)
 ((Harshita.Swaminathan@thomsonreuters.com))