Food Empire Holdings Limited (SG:F03) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Food Empire Holdings Limited has successfully closed a $40 million issuance of 5.5% redeemable exchangeable notes, aiming to bolster its organic growth in Asia and Southeast Asia. The net proceeds will support expansion plans in regions including Vietnam and Kazakhstan. Additionally, the board has appointed Kenny Kim as an adviser, bringing his expertise from Ikhlas Capital to the company.
For further insights into SG:F03 stock, check out TipRanks’ Stock Analysis page.
