Anjoy Foods (02648.HK) plans to acquire a 60.0005% stake in IFC for US$30.474 million.

Zhito Finance APP News: Anjoy Foods (02648.HK) has announced that, in order to further improve the company's industrial layout in the frozen bakery food sector, enrich its product categories, and in conjunction with the company's overseas business development plan, the company intends to acquire control of IFC through this transaction. IFC is headquartered in Singapore and is mainly engaged in the research and development, production, and sales of frozen cakes, bread, and other bakery foods, and has established a business system covering product research and development, manufacturing, customer service, and market sales.