Friday, November 13, 2015

Malaysian bird-nest product maker in $200 mln distribution agreements

KUALA LUMPUR Nov 8 (Reuters) - Malaysia's Swiftlet Eco Park Group (IPO-SWEP.N), one of the country's largest makers of products developed from edible bird nests, has signed distribution agreements worth $200 million to sell its products to China, India and the United Arab Emirates.

The company, which makes coffee, skin care products, puddings and candies with nests made from swiftlets' saliva, on Saturday made the agreements with Hong Kong Yooly International Trading Company, India's Knight Associates and Dubai's Total Support Holdings respectively, it said in a statement.

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