KUALA LUMPUR, Jan 29 -- Next Meats Co LTD, the controlling shareholder of Next Meats Holdings Inc in a statement announced that Next Meats Co LTD had gone public on the American OTC Market as Next Meats Holdings Inc.
With plans to strenuously develop and distribute its products worldwide and invest in related businesses, Next Meats intends to be listed on NASDAQ in the near future as well.
With increased efforts and shifts being made by countries to meet the Sustainable Development Goals set by the UN, and with people making lifestyle changes on a global scale due to the pandemic, the company expects Next Meats to receive attention as a newly listed company with a focus on environmental conservation.
A Tokyo-based food-tech venture company specialising in the R&D of alternative meats, Next Meats began its product development in 2017 and was officially established last year, when it simultaneously began overseas expansion as well.
Next Meats has also established a production site in Vietnam, and just signed a joint development agreement with Hoya, one of the world's largest alternative meat companies in Taiwan. They plan to start selling in Taiwan, Hong Kong, and Vietnam in March.
The company plans to continue collaborating with universities and other venture companies to further research plant-based proteins as well as microalgae and cultured meats, and aims to replace all animal products by 2050.
-- BERNAMA
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