Chairman said that following a rigorous selection process CAQ have been chosen to advance for detailed feasibility, now as this big Malaysian company is based there, they would have payed a visit to Cells facility in Terengganu and obviously were impressed.
It tells me that if this company is looking to enter the aquaculture industry on a large scale I would think land based farming is their choice, because why would CAQ be in the selection process.
If there are other land based farms they must be from overseas because CAQ is the only one operating in Malaysia. IMO this is a dune deal by early next year I am shaw this will convert, the thing is convert to what size ? establishing large scale me thinks its 2000 tons the same as South Africa.
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