AgriNurture, Inc. announced that Dr. Luis Rey I. Velasco has already obtained his qualifying share, hence he can assume his functions as Director to serve the unexpired term of Mr. James L. Tiu, and to amend the effective date to 03 December 2018. Dr. Luis Rey I. Velasco is currently a professor in Agriculture Entomology at University of the Philippines in Los Banos. Effective date of Resignation/Cessation of term of James L. Tiu is October 25, 2018.
AgriNurture, Inc. is engaged in importing; trading, and fabricating of post-harvest agricultural machineries intended to manage the productivity, as well as the income of Filipino farmers. It is involved in corporate farming, in all its branches for planting, growing, cultivating, and producing of crops. It operates in four segments: Exports, Distribution, Retail, and Foreign Trading. The Export segment is in charge of looking for markets abroad as well as sourcing the produce possible to satisfy its growing number of clients abroad. Its main export products are fresh banana, fresh mango, and coco-water. The Distribution segment is responsible for the local sales and distribution of various produce that the Company offers to a number of supermarkets around Luzon. The Retail segment is responsible for the management and operation of the Groupâs retail businesses. The Foreign Trading segment is charge of the international distribution operations of the Group in China.