CCO Secures FJ$548k Non-Repayable Government Grant

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Stock The Calmer Co International Ltd (CCO.ASX)
Release Time 4 Mar 2026, 9:46 a.m.
Price Sensitive Yes
 Calmer Co Secures FJ$548k Government Grant for Expansion
Key Points
  • Awarded non-repayable FJ$548k (AUD$354k) grant from Fiji Government
  • Funds expansion of RTD bottling capability and supply chain upgrades
  • Strengthens vertically integrated manufacturing platform in Fiji
Full Summary

The Calmer Co. International Limited (ASX: CCO), a leading consumer packaged goods company specialising in kava and other natural products, has announced that its wholly owned Fiji subsidiary, South Pacific Elixirs Pte Ltd ('SPE'), has been awarded a non-repayable capital grant totalling FJ$548k (AUD$354k) by the Government of Fiji under the Commercial Agriculture Development Programme (CADP). The grant will support expansion of ready-to-drink ('RTD') production capability and targeted infrastructure upgrades at SPE's Navua facility. Key initiatives funded include expansion of RTD bottling capability, acquisition of a dedicated farm-gate sourcing and cold-chain vehicle, electrical capacity upgrade, and installation of processing equipment. The funded projects are expected to enhance production capability, improve farm-to-factory logistics, and support scalable export growth for the company's kava-based products.

Outlook

The funded infrastructure upgrades are expected to enhance production capability and support RTD growth across domestic and international markets. Operational benefits will progressively be realised as equipment is commissioned and capacity increases.