Oceanus Group Limited (SG:579) has released an update.
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Oceanus Group’s subsidiary, Season Global Trading, has secured an exclusive deal to distribute Penfolds Champagne series in China, marking a first in Treasury Wine Estates’ 20-year history in the country. This strategic move is expected to bolster Oceanus Group’s beverage distribution footprint and leverage Season’s comprehensive sales channels to enhance Penfolds’ market presence in China.
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