Not quite true. Kunteng are owned by Dalian Hairunlai Group which are an investment company focused on infrastructure including supermarkets. Their role was to connect Beston to buyers for supermarkets in China, and in fact there were Beston products introduced to the market in China as part of this deal, however the products needed to sell which they haven't. The have waited over 4 years and seen their investment at 45c per share whittled down to roughly 8c per share. I think they've been extraordinarily patient!!
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beston global food company limited
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