Yamada Green Resources, a China-based mushroom and processed food producer and supplier, is seeking a mainboard listing in Singapore.
The company lodged its preliminary prospectus with the Monetary Authority of Singapore yesterday. Net
proceeds to the company could come up to at least $13.4 million.
Yamada runs one of the largest shiitake mushroom cultivation bases in Fujian. The mushrooms are mainly
sold as fresh produce to wholesalers of agricultural food products in China. The firm also manufactures and supplies processed food products, and exports them to Japan and the US.
The products are also sold in major Chinese cities such as Shanghai, Xiamen, Shenzhen and Guangzhou under its trademarked brands.
Source: Business Times