Homepage
PR Newswire
15-02-2013, 11:09 PM
LEADING INDONESIAN PACKAGED FOOD PRODUCER ACQUIRES 14.95% STAKE IN CHINA MINZHONG
- Business synergies between two listed food companies, opening the door to potential regional collaborations in future.
- Net proceeds of approximately S$85 million to be used for building new industrial farming capacities and working capital purposes.
http://info.sgx.com/webcoranncatth.nsf/V...300298AEE/$file/CMZ_PressRelease_15Feb13_finalversion.pdf?openelement
Wow Indofood !
(Not Vested)
- Business synergies between two listed food companies, opening the door to potential regional collaborations in future.
- Net proceeds of approximately S$85 million to be used for building new industrial farming capacities and working capital purposes.
http://info.sgx.com/webcoranncatth.nsf/V...300298AEE/$file/CMZ_PressRelease_15Feb13_finalversion.pdf?openelement
Wow Indofood !
(Not Vested)
Disclaimer: Please feel free to correct any error in my post. I am not liable for anything. Do your own research and analysis. I do NOT give buy or sell calls and stock tips. Buy and sell at your risk. I am not a qualified financial adviser so I do not give any advice. The postings reflects my own personal thoughts which may or may not be accurate.