News
Western Kingfish aims for aquaculture
20 June 2007AUSTRALIA - Fish farming hopeful Western Kingfish Ltd is looking to raise $8 million in a bid to establish an aquaculture enterprise at Jurien Bay in Western Australia.
Western Kingfish will look to raise the $8 million through the sale of shares and list on the Australian stock exchange in August.
Managing director Stewart Graham said proceeds from the initial public offer would fund the development of the existing aquaculture activities, which will be used to farm Yellowtail Kingfish.
"As well as producing Yellowtail Kingfish, the company also plans to apply aquaculture to the warehousing and grow-out of Western Rock lobster," Mr Graham said.
To continue reading this article please click here
Source: The Sydney Morning Herald
Share This
Related News
More News
Our Sponsors
Partners
© 2000 - 2012. 5m Publishing, Benchmark House, 8 Smithy Wood Drive, Sheffield, S35 1QN, England. - A Benchmark Holdings Ltd. Company