AgriNurture, Inc. Enters into a Memorandum of Agreement with the Philippine International Trading Corporation
November 25, 2020 at 11:18 pm EST
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AgriNurture, Inc. informed the Philippine Stock Exchange (the "Exchange") and the investing public that it has entered into a Memorandum of Agreement ("MOA") 26 November 2020, with the Philippine International Trading Corporation ("PITC") to collaborate on the importation of raw materials to provide healthier and more affordable "BigMa" Bigas-Mais (rice-corn) blend to the Filipino consumers. The Company is set to locally produce with its corn contract growers and include in its product portfolio the "BigMa" brand. The "BigMa" or Bigas-Mais blend is a Low Glycemic and rich in dietary fiber staple food alternative for the Filipino consumers. With the production of BigMa, the Company will be able to reduce carbon foot print, provide more livelihood to local farmers as the source of "Mais", help the country achieve food-staple sufficiency faster, while providing a healthier and affordable option to the public.
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.
AGRINURTURE, INC. 
