June 29 (Reuters) - Beston Global Food Company Ltd BFC.AX :
* BESTON GLOBAL FOOD COMPANY - UNDERTAKING A SHARE PURCHASE PLAN TO RAISE $2 MILLION
* PROCEEDS OF PLACEMENT & SPP WILL BE USED PRIMARILY TO EXPAND BFC'S LACTOFERRIN PRODUCTION CAPACITY
* SPP FOLLOWS BFC'S INSTITUTIONAL PLACEMENT WHICH RAISED $10.0 MILLION