The goal of Maple Leaf Group is to take over Agritech Limited (PSX: AGL). The goals of Maple Leaf Capital Limited and Maple Leaf Cement Factory Limited (MLCF) are to take over AGL and buy more shares.
The corporations now possess 87.4 million shares of AGL, or 20.6% of the total. Notably, the AGL board, which was established earlier this week, now includes three board members from the Maple Leaf group.
According to JS Global, Maple Leaf Cement management has made the decision to diversify its holdings. This is also demonstrated by the company’s recent foray into the healthcare industry, which represents a calculated move outside of its conventional businesses. This action is a component of a larger plan to boost development and provide value in a number of industries.
Fertilizer manufacture and sales of urea and granulated single super phosphate are AGL’s main commercial operations.
