Don Agro International

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The potential synergies from this acquisition include better procurement terms due to economies of scale, says Don Agro.

Mercurius adds to the growing list of Singapore-listed companies going back to the basics: growing a consumer staples business

The brokerage believes the company Russia-based company is a “bowl full of opportunities”.

Devlet-Kildeyev’s infection coincided with a drop in the company’s share price from its then all-time-high of 36 cents last year.

Through the company, Don Agro believes investors are offered a unique opportunity to invest in the Russian agricultural sector.

The initiative will allow the company to potentially gain greater profitability margins due to their capacity to store large amounts of wheat and sunflower seeds for longer periods of time, with the intent to sell more during peak pricing periods.

This Russian agricultural company is wrestling the bear market -- and seems to be coming out on top. The counter is trading 27% higher than its IPO price of 22 cents in February this year.