Donlinks bids for Australian beef producer S. Kidman

Guangzhou-based grain and edible oil producer Donlinks Grain & Oil Co Ltd has become the latest Chinese bidder to enter the race for S. Kidman & Co Ltd, one of Australia's largest landholders.

Donlinks will form a consortium with Genius Link Capital Ltd, an asset management company registered in the British Virgin Islands, to make a second-round offer for the Australian beef producer and landowner.

"The S. Kidman & Co bid will help diversify our agriculture business," the company said in a statement.