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When China gives you lemons
A China-based citrus fruit producer has become a listed group in Australia, with assistance from a national firm.
Felicity Nelson
Firms: Piper Alderman (Dongfang Modern Agriculture Holding Group Limited)
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Deal: Dongfang has listed on the ASX
Value: Undisclosed
Area: Corporate
Key players: Partner Alan Jessup (pictured) led the team assisted by associate Kimberley Levi.
Deal significance:
Dongfang is an agricultural food producer and the second-largest company in China harvesting citrus fruits. It entered the citrus plantation industry in 2009.
“With the China-Australia Free Trade Agreement having been recently signed, we hope to see more Chinese companies listing on the ASX, providing new investment opportunities to Australian investors,” said Mr Jessup.
