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Benzinga
Benzinga
Business
The Bamboo Works

Milk Producer AustAsia Makes Fresh IPO Pitch, with Client Backing

IPO Emily Chan China

Key Takeaways:

  • AustAsia has tweaked the wording of its profile in the new IPO prospectus, dropping the phrase “largest independent” dairy producer from its description
  • With milk production costs rising and prices falling, the company is projecting a drop in annual profit
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