AustAsia Group Ltd.

AustAsia Group Ltd. is a Singapore-based investment holding company engaged in dairy farm operation. The Company, through its subsidiaries is primarily engaged in dairy farming business of production and sales of quality raw milk to dairy products manufacturers and processors, and beef cattle farming and fattening business. Its segments include raw milk business for the production and sales of raw milk; beef cattle business for raising and sales of beef cattle; and ancillary business for sales of milk products, feed products and others under its AustAsia brand. The Company provides raw milk to a group of customers, including national and regional dairy product manufacturers and other dairy brands. Its in-house feed mill produces approximately three types of feed products, namely pre-mix feed, flaked corn and calf pellets. It owns and operates approximately 11 dairy farms and over two beef cattle feedlots in Shandong and Inner Mongolia of the People's Republic of China (PRC).