Monday, July 27, 2009

T-Tech Shrimp Farm

CNA Video @ MSN.

Growth for shrimp market in Singapore

Just saw Money Mind about Singapore registered company, T-Tech International. It supplies 1st generation shrimp fry for China. A shrimp farm yield about US$200,000, twice yearly.

Market information: China's Ministry of Agriculture expects consumption demand of shrimps on the mainland to increase by 30 per cent, and T-Tech is confident that it can meet the demand. Also, the executive director, Alex Chin claims the shrimp farm market is fragmented too.

Future: Double production every year for the next 3 to 5 years. T-Tech hopes to list on SGX by 2011.

Review: If it is so lucrative, does it really needs to get listed? There are probably good unlisted company too.

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1 comment:

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