tiprankstipranks
Davis Commodities signs MOU with Dadvance Agarwood Solutions
The Fly

Davis Commodities signs MOU with Dadvance Agarwood Solutions

Davis Commodities (DTCK) announced the signing of a memorandum of understanding, or MOU, with Dadvance Agarwood Solutions, Malaysia’s foremost agarwood biotech company. This partnership positions Davis Commodities as the exclusive distribution partner for Dadvance’s premium-grade agarwood oil, with the agreement valued at $15M. This strategic move aligns with Davis Commodities’ mission to expand its product offerings and cater to the growing demand for sustainable, high-value commodities in wellness and luxury markets worldwide.

Pick the best stocks and maximize your portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App