Shandong, a state-owned Chinese enterprise, has committed to take approximately $34m worth of WHA formula over the first three years, with $6.6m of that in the first year.
This follows news in April that China's International Supplies and Distribution company agreed to supply WHA's formula to the general retail trade in mainland China - a deal expected to bring in more than $100m over three years. WHA also inked a deal with Melbourne-based online distributor Quality Brands International Direct, which is also focused on China.
WHA Price at posting:
$1.21 Sentiment: Hold Disclosure: Held
