December 30, 2022
Tan Yong Nang, Chief Executive Officer of Japfa, said: “With the Distribution and the Listing of AAG shares, Japfa shareholders will now participate in two leading agri-food businesses, each with a clear focus, strategy and financial flexibility to grow further in their respective dynamic markets in Asia. On the strength of its greater operational and financial flexibility to execute its strategy, Japfa Animal Protein is well-positioned to capture the full potential of its vertically integrated business model and tap into the growth of animal protein consumption in emerging Asia by providing affordable staple proteins to consumers in a sustainable manner.”
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