Brief: China Star Food Group clarifies on news article

Zixin group

15/02/2017 11:58

Feb 15 (Reuters) - China Star Food Group Ltd  CHIA.SI  
    * Refers to news article in Business Times titled "China 
Star Food Sets Eyes On More Ventures With Supermarket Chains" 
    * Clarifies projection of 20 million yuan of sales this year 
arises from agreement with a distributor of walmart china 
    * Co has budgeted about 100 million yuan to secure up to 
8,000mu of farmland for cultivation and supply of sweet potatoes 
    * Clarifies that co targets to have its e-commerce revenue 
segment to eventually contribute 10 to 20 per cent to group's 
revenue 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ4BVCFC 
Further company coverage:  CHIA.SI  
 
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