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Salmon Evolution cancels second share offering with prices low By April 26, 2021 09:34 BST Norwegian flow-through land-based farmer Salmon Evolution has canceled plans for a subsequent share offering to its successful March placement, noting its share price has fallen since that first sale [...] Want to keep reading? sign up This field is required Remember me Enter the email address associated with your account. We'll send you instructions to reset your password. This field is required to change your password. redirecting... Don't miss a beat Start your week with our Editor's choice Go ...

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HiteJinro seeks new growth engine in smart farming Posted : 2021-03-12 16:18 By Kim Jae-heun HiteJinro is entering the smart farming business in an effort to find a new growth engine for the company, due to its main business reaching the limits of growth. The country's top beer and soju maker revealed Thursday that it had signed a contract to invest in Firmmit, a local startup company that develops and sells smart farming systems. "The smart farm industry is growing rapidly, and we have decided to invest in Firmmit because we appreciate its technology, growth potential and expertise in th...

The money will fund both the company's Norwegian and Korean farms.

The company recently announced it inked a deal with South Korean seafood giant Dongwon for a $187 million land-based salmon farm.