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BIOMATLINK shall acquire up to 50% vendor shares in HLH Agriculture (Cambodia)

  • 2 min read

BioMatLink is led by Dr. Thanika Chintanapunt, who serves as the CEO and Founder of BioMatLink Co., Ltd. This multinational company has collaborative operations in various regions, including Europe, the Netherlands, Asia (specifically Thailand, Japan, Laos, and Cambodia), and Africa (specifically Ghana), with its headquarters based in Thailand. BioMatLink specializes in innovative, high-tech, large-scale cassava (tapioca) cultivation and value chain management of the production of cassava. Additionally, it is engaged in the production of Bio-Ethanol through an extensive network of production facilities across the countries in which it operates.

HONG LAI HUAT Agriculture (Cambodia) HLHA is the project owner of approximately 10,000 hectares of farmland which is currently being used for cassava (tapioca) plantation and equipped with a cassava starch production facility, several warehouses, offices, workers’ residences etc, (the “Asset”) in Aoral District, Kampong Speu Province, Kingdom of Cambodia. 

With BioMatLink extensive background as well as years of experience in large-scale cassava (tapioca) plantation, upstream and downstream production of cassava products, and Bio-Ethanol production, The Board is of the opinion that the Proposed Disposal is beneficial to the Group in the long run.

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