SINGAPORE (March 27): Neo Group’s 55%-owned subsidiary, Thong Siek Holdings, today entered into an exclusive dealing agreement with numerous parties to acquire their shares in Park Food Manufacturing.

Park Food was incorporated in 1986, and specialises in the manufacturing of meatballs under the Lion Dance brand.

In a Monday announcement, Neo Group says the agreement was entered into with Park Food Manufacturing, Goh & Lee Foodstuff, as well as shareholders Chew Kim Pin, Goh Liang Sua, Lee Song Hong, Lim Sen, Ng Choke Ang and Ng Chuan @ Ng See Hai – all of which have agreed to provide Thong Siek an exclusive right to negotiate its proposed acquisition from today until Sept 30, 2017.

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