Comvita's amended statement on Olé sees 'multimillion dollar' removed from title

The honey exporter said it signed the long-term deal with Olé. (Image: Comvita)

Mon, 03 Jul 2023

The market watchdog put Comvita into a trading halt this morning, which saw it remove “multimillion dollar” from the title of its announcement of a partnership with a Chinese supermarket chain.The honey exporter announced this morning that it signed the long-term deal with Olé – one of China’s largest premium retail chains with more than 100 stores across mainland China. The agreement, the company said, aimed to grow Comvita’s current revenue “significantly” with Olé over the next few...

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