BPH Global's 120-Day Business Development Plan

BPH Global Ltd (ASX: $BP8) announces its 120-day business development plan, with CEO Matthew Leonard and CFO Chow Yee Koh currently in Malaysia and China to advance the company's APAC & China-based projects. The visit aims to secure supply agreements, expand sales & distribution channels for Bird's Nest products, and discuss the re-activation of the hemp business.

Executive Commentary on Business Development Plan

The visit to Malaysia and China represents a significant opportunity for BPH Global Ltd. We are focused on securing supply agreements for bird's nest products, expanding our sales footprint, and reactivating our hemp business. Our engagement with potential China-based cornerstone investors and discussions with China Tobacco are crucial steps in our strategic plan. We are excited about the potential for further expansion and growth in the APAC region and China.

Summary of 120-Day Business Development Plan

BPH Global Ltd's 120-day business development plan focuses on securing supply agreements, expanding sales & distribution channels for Bird's Nest products, and reactivating the hemp business in China. The company aims to leverage trading results and increased brand awareness to negotiate with China Tobacco for an expansion of its operational footprint. The upcoming Chinese Autumn Festival presents a significant retail opportunity, and the company is also seeking to enter bird's nest products supply agreements with major Chinese banks. The board's ambitions for the four-month period include finalizing agreements and preparing for the Autumn Festival sales period, with a constant focus on short-term business growth and expansion of operations.