Alliance: There is pressure to grow

With the recent announcement to have a double-listing in Singapore, Alliance Seafood International’s COO Teresita Ladanga told IntraFish that there is the pressure for the Philippines-listed company to grow.

“Organic growth is limited, so the other growth route that we can take is through acquisitions,” Ladanga said.  

But the company knows its limits and will be looking to small to mid-sized companies in the future after it settles the Singapore listing.

“I mean, a David cannot possibly buy a Goliath right?” said Ladanga.

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