News: BFC Beston Global Food Says Strategic MoU With Kcg In Thailand And Japan Export Contract

June 23 (Reuters) - Beston Global Food (BFC) :

• STRATEGIC MOU WITH KCG IN THAILAND AND JAPAN EXPORT CONTRACT
• SIGNED MOU WITH KCG CORP IN WHICH KCG WILL SUPPLY ITS DAIRY, MEAT AND ALTERNATIVE MEAT PRODUCTS INTO THAILAND
• RECENTLY SECURED NUMBER OF SIGNIFICANT EXPORT CONTRACTS TO JAPAN, REPRESENTING 20% OF ITS TOTAL ANNUAL MOZZARELLA PRODUCTION
• IMPLEMENTATION OF MOU WILL INVOLVE KCG SUBSCRIBING FOR 103.6 MILLION SHARES IN BFC AT 9.65 AU CENTS PER SHARE
• TOTAL SUBSCRIPTION AMOUNT UNDER MOU WILL BE A$10.0 MILLION
• ON TRACK TO SELL FIVE TONS OF HIGH PURITY LACTOFERRIN IN SEVERAL CHINA, USA, SOUTH KOREA, INDIA & EUROPE BEFORE FY22 YEAR END