Listed Agrinurture Inc. (ANI) on Monday said its unit Agrinurture HK Holdings, Ltd. had entered into an agreement to sell its entire interest in an Australian subsidiary for $2.5 million as part of a focus on core businesses in the Asian region.

In a disclosure to the Philippine Stock Exchange, ANI said the sale of shares in Freshness First Ltd Pty to Organic Path Limited also aimed to strengthen the company’s working capital.

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