Jatcorp (ASX:JAT) - Managing Director, Wilton Yao
Managing Director, Wilton Yao
Source: Wilton Yao/LinkedIn
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Jatcorp (JAT) launches into the US market after signing exclusive distribution agreements for its in-house immune support products for sale in Hawaii and Guam
  • The products will be distributed by Koha Foods Hawaii, a company that has specialised in the distribution of food to Hawaii’s supermarkets, restaurants and pharmacies since 1984
  • The products available for distribution include those under the Jinvigorate, Moroka and Vmeat ranges with Koha not able to sell other products in Hawaii or Guam of a similar nature
  • The agreement marks Jatcorp’s first step into the US market with the US distribution of its co-branded CocoSoul Moroka through Saputo to begin shortly
  • Jatcorp is down five per cent on the market with shares trading at 1.9 cents

Jatcorp (JAT) has launched into the US market after signing exclusive distribution agreements for its in-house immune support products for sale in Hawaii and Guam.

The products will be distributed by Koha Foods Hawaii, a company that has specialised in the distribution of food to Hawaii’s supermarkets, restaurants, pharmacies and commercial customers since 1984.

The products available for distribution include those under the Jinvigorate, Moroka and Vmeat ranges with Koha not able to sell any other products in Hawaii or Guam of a similar nature.

The agreement runs for an initial five-year period with the option to extend for a further five.

It marks Jatcorp’s first step into the US market with the US distribution of its co-branded CocoSoul Moroka through Saputo to begin shortly.

Under this agreement, Jatcorp and Pinnacle Laboratories will develop new products under the CocoSoul Moroka brand, such as immune support coffee, immune support chocolate, immune support oat milk and matcha.

The first batch of products are set to be distributed in the March quarter with a second batch expected in the June quarter.

Jatcorp was down five per cent on the market with shares trading at 1.9 cents at 12:03 pm AEDT.

JAT by the numbers
More From The Market Online
The Market Online Video

Market Close: ASX holds green gains and signs off in the sunshine

The ASX200 closed .6 of a per cent up with every sector finishing in the green…
The Market Online Video

Infini Resources gearing up for UAV geophys survey over Portland Creek

Infini Resources has announced its execution of an application for UAV-based geophysical surveys over its Portland…

Week 18 Wrap: Fed prompts joy and pain; modern monetary theory gains traction & Brent takes a breather

The big stories that mattered in Week 18 of 2024 – plus a selection of headlines…