We would like to inform you that NHC INTERNATIONAL L.L.C-FZ, a foreign subsidiary company of NHC Foods Limited has invested and acquired 100% of the paid-up share capital of Conquer Enterprises ....
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NHC Foods Limited's Dubai-based subsidiary NHC International L.L.C-FZ has acquired 100% of Conquer Enterprises Limited, a Hong Kong-registered trading company. The acquisition was completed on March 11, 2026 for a cash consideration of US$ 129,032 (HK$ 10,00,000). Conquer Enterprises, incorporated in June 2022, is engaged in trading Metals, Steel products, and Agro products. Its turnover grew from USD 47.4 million (FY23) to USD 64.3 million (FY24) and USD 95.5 million (FY25). The company becomes a foreign step-down subsidiary of NHC Foods. The transaction is not a related party transaction and did not require any regulatory approvals.
This acquisition enables NHC Foods to expand into new business avenues and diversify beyond its core operations, potentially boosting future revenue streams. The target company's significant turnover of USD 95.5 million could substantially scale up the consolidated financials.