Food Empire’s $40 Million Note Issuance Plan

Food Empire Holdings Limited (SG:F03) has released an update.

Food Empire Holdings Limited is set to issue $40 million worth of 5.5% redeemable exchangeable notes through its newly formed special purpose vehicle, Empire APAC Pte Ltd. The company has received approval in principle for listing and has entered a supplemental agreement to adjust certain terms of the subscription agreement. This move aims to support Food Empire’s business operations in Southeast and South Asia.

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