BUB 3.70% 13.0¢ bubs australia limited

Do you remember this annc. from June last year, we could see...

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    Do you remember this annc. from June last year, we could see CFDA approval soonish and if that happened your $1.40 prediction will come true, this info. may be discussed in the half year report due any day now.


    Sydney 8 June 2017: Award winning specialist producer of infant milk formula and organic baby food
    "Bubs Australia Limited (“Bubs”) has entered into an agreement with Brilite Nutritionals (Shanghai)
    Co., Ltd (“Brilite”) as its exclusive partner and an authorised distributor in China, with a primary focus
    on mother and baby stores.
    Announcing the agreement, Founder and Executive Director, Kristy Carr said: “This is a ground
    breaking agreement for Bubs which will ultimately see our products sold through over 2,000 mother
    and baby stores across China, backed by a reputable partner with an already strong and trusted​
    physical presence in the infant formula market.”


    “In the short term, Brilite will provide material assistance with finalising regulatory approvals for all
    of Bubs infant formula and organic baby food products. Longer term, underpinned by Brilite’s​
    comprehensive data, we will collaborate on developing new products for the market,” said Mr Simms.

    Subsequent to regulatory approvals, Bubs range of products will be immediately trialed in key
    provinces in People’s Republic of China. Importantly, Brilite’s existing marketing, sales and customer
    service teams will provide comprehensive support to Bubs as it establishes itself in the China​
    market,” Mr Simms said.
 
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