It is also involved in the production of bio-ethanol via a network of production facilities.
Hong Lai Huat Group is selling a 50% interest in its tapioca venture in Cambodia to a Thai company for US$32.5 million.
BioMatLink, led by founder and CEO Thanika Chintanapunt, is described as a multinational firm specialising in innovative, high-tech, large-scale tapioca cultivation.
