MEGL Enters into Strategic Cooperation with Singapore's SIN HOPEWAY for USD 500 Million Timber Trade
MEGL announced a five-year strategic cooperation with Singapore-based SIN HOPEWAY PTE. LTD. to develop an international timber import and export supply chain business. The parties set a cumulative target trade volume of US$500 million, with MEGL to supply raw timber materials.
Why it matters — The agreement outlines MEGL’s planned role in a timber supply chain business and a stated cumulative trade-volume target.