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Nutryfarm to establish JV company Kong Jun Durian

Felicia Tan
Felicia Tan • 2 min read
Nutryfarm to establish JV company Kong Jun Durian
Global Agricapital Holdings will hold 51% in the JVC while Kong Jun will hold the remaining 49%.
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Global Agricapital Holdings, a wholly-owned subsidiary of Nutryfarm, has entered into a joint venture agreement (JVA) with Kong Jun Durian on June 10.

Under the JVA, the parties intend to establish a joint venture company (JVC) to be incorporated in Singapore to sell and distribute pre-packed durians in Singapore.

Through the JVC, Global Agricapital Holdings will supply the pre-packed durians and Kong Jun will oversee the sales and distribution.

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