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.
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