Singapore Conglomerate's New Musang King Orchard Project Grasping New Export Opportunities to China

HONG KONG,Oct. 4,2018 -- The king of fruits - durian has gone viral in Hong Kong in recent years. Musang King (D197),a top-notch species among all kinds of durian,is highly sought after by Hongkongers. Different kinds of related products are all over the city. The craze not only takes place in Hong Kong,but also widespreads to mainland China. The demand for durian in mainland China increases so much that mainlanders even made special trips to Hong Kong to hunt for freshly-imported Musang King.

A Singapore-listed group,Mirach Energy (SGX:AWO),pioneers in the area by focusing on the future development of Musang King market. The conglomerate has partnered with the state government of Malaysia to jointly develop the Musang King plantation and offer one-stop planting management and exportation services for seedling buyers. The project is named "Durian Capital" and AIF Alliance is the exclusive sales agent in Hong Kong.

The orchard is located in Kelantan,the northeast of Malaysia,where is the birthplace of the Musang King. With innovative planting technology,every buyer's durian seedling is assured to be healthly-grown throughout the season with 99.9% successful planting rate. After a five-year growth period,each matured Musang King tree can yield up to 200kg durians,it is expected that the buyer in this project will get an average annual return 15%[1]. The orchard will be one of the largest-scale Musang King plantations across Malaysia. With economies of scale came,the project is bound to be the leading supplier of Musang King with profound exportation advantage.

Malaysian government permits a limited number of purchase from overseas in the aim of building international reputation for the brand and paving the way for huge export markets. First induction event will be held on November 10-11 at Exhibition Hall,3/F,Gateway Hotel,Tsim Sha Tsui,Hong Kong. First round buyers will enjoy a guaranteed return of 5% per annum[2],starting from HK$240,000.

DurianCapital - Malaysia Musang King Orchard Induction Seminar

Date: November 10-11,2018 (Sat and Sun)

Time: 11am-7pm

Venue: Exhibition Hall,Hong Kong

Registration and enquiries

Mobile: (852) 9233 4455

Email: enquiry@aifalliance.com

Registration Link: http://bit.ly/2zL7TlY

Website: www.aifalliance.com or www.facebook.com/duriancapital/

For media enquiries,please contact:

Urban Colors - Event & Marketing

Eve Chan

Phone: (852) 2818 4744

Mobile: (852) 5461 4512

Email: evechan@urbancolors.com.hk

Dara Lai

Phone: (852) 2818 7444

Mobile: (852) 5461 4511

Email: daralai@urbancolors.com.hk

[1] The expected annual return is calculated based on the average wholesale price in Malaysia in 2017-18.

[2] The exclusive guaranteed return period is three years.

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