ZNO 3.85% 2.5¢ zoono group limited

https://www.thesentiment.com.au/zoono-secures-chinese-distributor...

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    https://www.thesentiment.com.au/zoono-secures-chinese-distributor-after-impressive-african-swine-fever-trials/
    An article from 2019

    "With China having lost more than 100 million pigs due to the recent outbreak of African swine fever in the mainland, attention has been thrust upon preventative measures, leading a Chinese Group to engage chemical company Zoono (ASX: ZNO) for a 10-year distribution arrangement.

    The Chinese Group will use the Zoono China brand to sell Zoono products to farmers and food producers and processors in China where a key to the partnership will be to minimise the impact of African Swine Fever.

    As part of the agreement, Zoono China must place a minimum order of chemical products to the value of NZD $3.1m in the first year, $4.6m in the second year and $9.3m in the third with orders thereafter to increase by a minimum of 10% per annum. "

    I wonder is the 10 year deal mentioned in the recent announcements?

 
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