ASX-listed Nutritional Growth jumps on China distribution deal

Nutritional Growth Solutions

04/10/2021 24:49

** ASX-listed shares of Israel-based paediatric nutritional
health firm Nutritional Growth Solutions  NGS.AX  rise as much
as 5.3% to A$0.200, marking their biggest intraday percentage
gain since Sept. 27 
    ** Co says it signed a non-exclusive distribution agreement
with Australia-based distributor into China, Ultrahealth Group,
for its nutritional growth supplement, Healthy Heights
 urn:newsml:reuters.com:*:nASX5Tn99M
    ** The agreement is for three years, and its product will be
sold in China via e-commerce platforms 
    ** Stock down 26.9% this year, as of last close

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))