See also: KTL Global to acquire Tianci Agritech, a fresh vegetable and fruit produce business, for $200,000
Under its modern agricultural segment, the group operates high-tech and automated work processes within its farms to improve the production yield, quality and food safety of its agricultural products.
The agreement is part of KTL Global’s move to expand its “range of fresh food produce to market and distribute to in Singapore,” says executive director Chin Teck Oon.
“We have taken an important step to move upstream with urban farming initiatives so as to create better linkages between urban food systems,” adds Chin.
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Shares in KTL Global closed down 0.1 cents or 0.86% at 11.6 cents on Aug 6.
Cover image: file photo
