Ridley Corporation Limited announced the appointment of Siddharth (Sid) Jain to the role of Chief Executive Officer – Novacq and to advise of the completion of the land and feedmill acquisition in Thailand. Sid will be based in Singapore with responsibility for the Yamba, New South Wales and Chanthaburi, Thailand NovacqTM operations, will commence in the role on 1 April 2020. The announcement of Sid's appointment coincides with the successful completion of the acquisition of approximately 50 hectares of land encompassing the existing Thailand NovacqTM production ponds and the remaining 51% shareholding in the Pen Ngern feedmill for an outlay of THB 171.2 million (approximately AUD 8.2 million).