Dongfang Modern Agriculture Holding Group: Prospectus

Dongfang Modern Agriculture Capital Raising

Dongfang Modern Agricultural Holding Group is a leading grower/harvester of citrus and camellia tree produce in the Ganzhou City region of Jiangxi Province in the PRC. The Company has lodged a prospectus and is seeking an ASX listing and capital raising of up to A$50m to assist with its growth aspirations.

The Company is one of the leading agricultural produce companies in the PRC and has had a strong revenue and earnings growth history since it entered the citrus plantation industry in 2009.

With production of over 200,000tpa of produce made up of Tangerines (mandarin oranges), Pomelos and Navel Oranges and also the fast growing Camellia fruit (seeds and nuts)  Dongfang Modern generates annual sales revenue of over A$170m( RMB870m) and with high operating margins of over 40% expects to report earnings of A$75m in calendar 2015.

The company has and has had no debt and has grown its asset base from H$77m ( about US$10m) to A$216m (US$162m) in six years.  Revenues have grown from nothing to around A$170m (est Calendar 2105) over this period.

Agricultural food production in China is exempt from personal and corporate income tax and VAT to increase output after the movement of over 60m farmers from farmlands to the cities.

Dongfang Modern is offering up to 50 million shares at an Issue Price of $1.00 per Share to raise up to $50 million with a Minimum Subscription of $39 million.

The replacement DFM prospectus can be downloaded here

Please down load the DFM Application form here, if you have already read the prospectus and just need an application form

DFM IPO presentation Final 5 July 2015

DFM term sheet (PDM) finalParadigm 7 July 2015

DONGFANG MODERN AGRICULTURE HOLDING GROUP LIMITED ACN 604 659 270
Lead Manager: Paradigm Securities Pty Ltd (ACN 159 611 061)

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