Barramundi Asia Pte Ltd made an offer to acquire Marine Produce Australia Limited from Weybridge Pty Ltd, Lasborough Investments Ltd., Maxima Pearling Co Pty Ltd, Illovo 2009 Ltd Partnership, Nutsville Pty Ltd, Asset Management Arm, T & E Allen Investments Pty Ltd and others for AUD 18.5 million on May 25, 2018. As per terms, Barramundi Asia Pte Ltd will pay AUD 0.5 per share. Argonaut Limited acted as financial advisor for Marine Produce Australia Limited.
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- Barramundi Asia Pte Ltd made an offer to acquire Marine Produce Australia Limited from Weybridge Pty Ltd, Lasborough Investments Ltd., Maxima Pearling Co Pty Ltd, Illovo 2009 Ltd Partnership, Nutsville Pty Ltd, Asset Management Arm, T & E Allen Investments Pty Ltd and others for AUD 18.5 million.