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Food Empire Holdings
FOOD Empire's wholly owned subsidiary Indus Coffee will be undertaking an expansion of its manufacturing facility in India worth US$41.25 million, the company said in a Singapore Exchange filing on Wednesday.
This expansion will be funded through both internal and external resources, including additional capital of US$11.25 million by the company's wholly owned subsidiary EpiQ Food Services; and banking facilities of US$30 million granted by DBS Bank and its branch office in Chennai, India. The US$11.25 million in additional ca…
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