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Jatcorp inks sales incentive agreement with H&S International

Summary by Inside FMCG
Jatcorp has signed a sales incentive agreement with H&S International to boost sales of Moroka milk formula in Mainland China. Under the agreement, H&S can invest in Jatcorp through an allotment and issuance of shares but conditional on the e-commerce stores operator reaching a product purchase of at least $8 million this fiscal year and an accumulated $25 million in FY25 and FY26. If H&S meets the targets, Jatcorp may issue up to 4 million shar…
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Inside FMCG broke the news in on Wednesday, February 19, 2025.
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