Yasui Foods announced that it intends to acquire International Foodgnocery Corporation Pte. in cash Ltd. 60.0005% of the shares, with transaction consideration of US$3.474 million, funded by own funds. The transaction corresponds to IFC's 100% equity overall transaction price of US$507.89,500. After the transaction is completed, the company will obtain control of IFC, and IFC and its subsidiaries included in the scope of the merger will be included in the scope of the company's consolidated financial statements. This transaction does not constitute a related transaction or major asset restructuring. It has been reviewed and approved by the board of directors of the company. It is still necessary to complete filing and other procedures related to foreign direct investment. There is uncertainty about whether the transaction can finally be completed.

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