AOM INT'L (00381) plans to issue 59 million Hong Kong dollars worth of convertible bonds to acquire a 72.5% stake in Jiangxi Jiu Ai Food Co., Ltd.

AOM INT'L (00381) announced that on November 7, 2025, its wholly-owned subsidiary Qiaoxiong (Fujian) Investment Limited intends to acquire 72.5% of the equity of Jiangxi Jiuyi Food Co., Ltd. from Lokman Jacky for 59 million Hong Kong dollars. The transaction will be settled through the issuance of convertible bonds worth 59 million Hong Kong dollars at a conversion price of 0.25 Hong Kong dollars per share. It is reported that the target company operates a production base with a total area of about 340 acres and a construction area of about 147,000 square meters in Nanfeng County, Fuzhou City, Jiangxi Province. The target company is one of the leading beverage processing companies in Fuzhou. Currently, the target company owns five product lines under the "Love of Love" brand, including Nanfeng Orange Vinegar, Nanfeng Orange Juice, plant protein, fermented juice, and grain protein. The company believes that the acquisition is an attractive business opportunity, which will enhance the group's business portfolio and allow the group to benefit from the profits contributed by the target company.