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Oceanus' newly-established subsidiary appointed as approved frozen food distributor of Fortune Global 500 company

Felicia Tan
Felicia Tan • 2 min read
Oceanus' newly-established subsidiary appointed as approved frozen food distributor of Fortune Global 500 company
Shares in Oceanus closed 0.1 cent higher or 2.86% up at 3.6 cents on Aug 23.
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Sino Food Group, the newly-established subsidiary of Oceanus, under its distribution arm, has been appointed as an approved distributor of China Resources Wufeng, a food enterprise group under China Resources.

China Resources is one of the Fortune Global 500 companies and is a state-owned enterprise.

Sino Food Group, says Oceanus, in an Aug 23 filing, was established to trade in global food supply chain management and to strengthen food security within the region.

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