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Mcleod Russel acquires tea factory in Vietnam

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Capital Market
Last Updated : Mar 04 2014 | 11:56 PM IST

On 04 March 2014

Mcleod Russel (I) announced that its subsidiary, Phu Ben Tea Company has signed an agreement for purchase of tea processing factory in Vietnam with an annual production capacity of 6 lakh kgs of green tea for a consideration of US$ 820000 plus VAT at the applicable rate.

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First Published: Mar 04 2014 | 3:15 PM IST

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