BPH Global (ASX:BP8) completed the second sale of seaweed to Surya Seaweed Indonesia of 400 bags, totaling 40 metric tonnes of seaweed biomass, for a sale price of $39,370, under its sales cooperation agreement with Kebula Raya Bestari, according to a Wednesday Australian bourse filing.
Kebula Raya facilitated the logistics and supply chain arrangements for the deal.
It received payment from Surya Seaweed for the shipment. The profit was shared at a ratio of 65% for BPH Global and 35% for Kebula Raya.
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