BPH Global's (ASX:BP8) Indonesian unit, BPH Global Indonesia, entered into a binding $375,000 agreement for the purchase and resale of dried seaweed and an increase in processing capacity at the company's warehouse, with Singapore-based commodities trading company Equentia Natural Resources, according to a Wednesday filing with the Australian bourse.
The 12-month loan term carries an annual interest rate of 15%, the filing said.
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