Wattle Health Australia Limited signs Term Sheet with International Supplies and Distribution Company Pty Ltd (ISDC) for supply for the China market of Wattle Health Australia’s conventional cow infant formula.
ISDC has guaranteed minimum annual volumes to service the China Market committing a bank guarantee to secure supply of Wattle Health Australia’s conventional cow infant formula.
ISDC under the Agreement to service the Mainland China market, has guaranteed volumes as follows:
• For the first 18 months, commitment to purchasing a minimum of 1,500,000 units;
• For the following 12 months thereafter, a further 1,500,000 units; and
• For the following 12 months period thereafter, a further 2,200,000 units
Well done to them.
Bodes well for Mr Zhao to achieve his 500,000 tins milestone.
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