KUALA LUMPUR: Brahim’s Holdings Bhd and Admuda Sdn Bhd entered into a memorandum of understanding (MoU) with Thai Roung Ruang Sugar Group (TRR) yesterday for the supply of raw sugar and offtake of refined sugar.
In a filing with Bursa Malaysia yesterday, the company said the agreement would see TRR supplying 110,000 tonnes of raw sugar to Brahim’s/Admuda for 15 years and offering to buy 100,000 tonnes of refined sugar from the two parties for the same period.
It would be using the New York or London market price, or a price renegotiated every 12 months prior to the delivery, the company said.
This article appeared in The Edge Financial Daily, February 9, 2012.
In a filing with Bursa Malaysia yesterday, the company said the agreement would see TRR supplying 110,000 tonnes of raw sugar to Brahim’s/Admuda for 15 years and offering to buy 100,000 tonnes of refined sugar from the two parties for the same period.
It would be using the New York or London market price, or a price renegotiated every 12 months prior to the delivery, the company said.
This article appeared in The Edge Financial Daily, February 9, 2012.
