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When China gives you lemons

When China gives you lemons

Jessup

A China-based citrus fruit producer has become a listed group in Australia, with assistance from a national firm.

Firms: Piper Alderman (Dongfang Modern Agriculture Holding Group Limited)

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.

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