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HUA LIEN INT'L: DATE OF BOARD MEETING
The Bird Flu outbreak in the USA has somewhat eased, and egg prices quickly fell in March.
① In the first week of March, the wholesale price of bulk eggs in the USA dropped by $1.20, with a national average price of approximately $6.85 per dozen, a decrease of 15% from the previous week; ② According to a report from the USA Department of Agriculture, there have been no significant outbreaks of highly pathogenic Bird Flu detected in the last two weeks, leading to weakened demand for eggs.
"Winter goes, spring comes"? After the sharp drop in white feather broiler prices, they have increased by 40%. Profitability at the breeding end, many farmers still have lingering fears | Industry observation
On March 13, the actual transaction price of ShanDong white feather broiler chickens rose to over 3.5 yuan per pound, a 40% rebound compared to the extreme Low Stock Price of "10 yuan for 4 pounds" a month ago. Listed companies such as Spring Snow Food indicated that the prices of segmented products have recently warmed up, and the shipping situation has also slightly improved; the industry stated that the recovery of the white feather chicken Industry Chain is related to the recent market being in a supply gap due to the Spring Festival, leading to a decrease in the overall market supply of live chickens.
Hua Lien International's Subsidiary to Sell Property in Jamaica for $2.6 Million
HUA LIEN INT'L (00969) sells the Bernard Lodge sugar factory in Jamaica with a transaction value of 2.55 million USD.
Jin Wu Financial News | HUA LIEN INT'L (00969) announces that Pan Caribbean Sugar Company Limited (which holds a 70% indirect subsidiary interest) has entered into a sale agreement with AYD Construction Limited (the buyer) dated March 10, 2025 (Jamaica time) to sell the Bernard Lodge sugar factory located in Spanish Town, St. Catherine, Jamaica, comprising three plots of land with a total area of 18.079 hectares. The Bernard Lodge sugar factory has been abandoned and is situated on these three plots.
HUA LIEN INT'L (00969.HK) plans to sell its property in Jamaica for 2.55 million USD.
On March 11, Glonghui announced that HUA LIEN INT'L (00969.HK) stated that the seller, Pan-Caribbean Sugar Industry (which holds a 70% stake in its indirect subsidiary), entered into a sales agreement dated March 10, 2025 (Jamaica time), whereby the seller agrees to sell and the buyer agrees to purchase the property for $2.55 million. It is reported that the property is located in Bernard Lodge, Spanish Town, Saint Catherine Parish, Jamaica, consisting of three plots with a total area of 18.079 hectares, with unconditional full ownership by the seller, as