The CBL Board and management recently concluded a strategy session which maps out a new direction for the group. A new Vision was adopted and the Values were revisited and refined. The Group is now well set on its new journey into orbit and to the moon.
Geographic diversification has two objectives: to reduce country risk and to ensure a variety of climatic zones which provide multiple crop opportunities. In achieving better crop diversification, we are striving to balance our commodity portfolio over the medium-term to move towards a balanced exposure of agricultural crops so that no more than 30% of capital will be allocated to any one commodity.
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