Australia's Original Juice rises on supply agreement with Aldi China

SPC Global Holdings

09/05/2023 03:21

** Shares of Original Juice Co  OJC.AX  rise as much as
15.8% to A$0.11, on track for best day since April 6, if gains
hold
    ** The food processing firm enters into a juice supply
agreement with Aldi China
    ** Says co has executed distribution agreements with
Evergrow and Happy Valley into Chinese and Malaysian markets
    ** The first shipments of five containers is due later this
month
    ** Stock hits highest since April 13
    ** More than 400,000 shares change hands, compared with the
30-day average of about 63,000 shares 
    ** As of last close, OJC stock down ~30.2% so far this year


 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))