Cooperate 40-hectare fully developed fishpond

40-hectare fully developed fishpond You May Also Be Interested In: fishpond prawn
SURIGAO CITY
DECEMBER 7, 2004
5:00 PM

GENTLEMEN & LADIES;

OUR CORPORATION, BUENAFLOR AGRI-AQUA ENTERPRISE, INC. , IS A DULY SEC REGISTERED CORP. , AND ALSO AN ACTIVE MEMBER OF THE SURIGAO CHAMBER OF COMMERCE & INDUSTRY, SURIGAO CITY

OUR BUSINESS IS PRAWN CULTURE AND CRAB FATTENING INDUSTRIES LOCATED AT BARANGAY SABANG, CITY OF SURIGAO.
PRESENTLY, WE HAVE FULLY DEVELOPED A 40-HECTARE FISHPOND UNDER LEASE FOR 25 YEARS WITH THE PHIL. GOVERNMENT;

THE FISHPOND IS ALREADY PRODUCTIVE SINCE YEAR 1995;
HOWEVER, THIS YEAR, WE EXPERIENCED A LOW INCOME DUE TO TECHNICALITIES WHICH COULD BE REMEDIED THROUGH A HIGHER OR INTENSIVE CULTURE THAT NEEDS MORE CAPITAL;

OUR BOARD HAVE AGREED TO LOOK FOR INVESTORS FOR A JOINT VENTURE, LOCALLY OR FROM FOREIGN CAPITALISTS, OTHERWISE WE ALSO HAVE THE OPTION TO SELL THIS LEASEHOLD PROPERTIES.