announcement food empire holdings limited acquisitions of

RELATIVE FIGURES
The net asset value of the assets to be
disposed of, compared with the group’s net
asset value
The net profits attributable to the assets
acquired, compared with the group’s net
profits
The aggregate value of the consideration
given, compared with the issuer’s market
capitalisation
The number of equity securities issued by
the issuer as consideration for an
acquisition, compared with the number of
equity securities previously in issue
N.A.
8.8%
7.2%
7.2%
RATIONALE FOR TRANSACTION
In the opinion of the Company, the Acquisition allows the alignment of management
interests as part of the Group’s strategy to expand and grow its business.
INTERESTS OF DIRECTORS AND SUBSTANTIAL SHAREHOLDERS IN THE
ACQUISITION
None of the directors or substantial shareholders of the Company have any interests or
are deemed to be interested in the Acquisition.
DOCUMENTS FOR INSPECTION
Copies of the S&P Agreement are available for inspection at the registered office of the
Company at 10 Collyer Quay, #19-08 Ocean Building, Singapore 049315 during office
hours for 3 months after the date of this Announcement.
By Order of the Board
Tan Wang Cheow
Managing Director