AOM INT'L (00381) Plans to Issue HK$59 Million Convertible Bonds for 72.5% Stake Acquisition in Jiangxi Jiuai Food

Stock News2025-11-07

AOM INT'L (00381) announced on November 7, 2025, that its wholly-owned subsidiary, Qiaoxiong (Fujian) Investment Co., Ltd., intends to acquire a 72.5% equity stake in Jiangxi Jiuai Food Co., Ltd. from Zhuo Wenjie for HK$59 million. The consideration will be settled through the issuance of convertible bonds with a principal amount of HK$59 million by the buyer, at a conversion price of HK$0.25 per share.

The target company operates a production base in Nanfeng County, Fuzhou City, Jiangxi Province, covering approximately 340 acres with a total floor area of about 147,000 square meters, equipped with production facilities. It is one of the leading beverage processing enterprises in Fuzhou. Currently, the target company owns five product lines under the "Ai Zhi Lian" brand, including Nanfeng tangerine fruit vinegar, Nanfeng tangerine juice, plant-based protein, fermented juice, and grain protein.

AOM INT'L views the acquisition as an attractive business opportunity to enhance its portfolio and benefit from the target company's profitability.

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