M&A
confidence high
sentiment neutral
materiality 0.65
Nocera to sell 80% of Meixin VIE equity for $420,000 to Hong Kong buyer
NOCERA, INC.
- Nocera entered Equity Transfer Agreement to sell 80% of its VIE interest in Meixin Institutional Food Development Co., Ltd. to Yinuo Investment Consulting (Hong Kong).
- Purchase price is $420,000; closing subject to customary conditions and a mutually agreed date.
- Meixin is a Taiwan-based food processing and catering company.
- Sale includes assignment of all VIE contractual rights (equity pledge, business cooperation, power of attorney).
- Seller represents ownership free of liens; agreement includes indemnification and ordinary-course covenant for Meixin.