Hikonobu was the majority shareholder of Ise Capital Management. He was also chairman and honorary advisor of Ise Foods Inc., which is the top egg producer in Japan and the sixth largest egg producer in the world.
Ellipsiz (SGX:BIX
) , through its wholly-owned subsidiary, Ellipsiz Agro Investments Pte. Ltd. (EAIPL), has acquired an additional 40% stake in Ise Capital Management for $4.0 million on April 10.
The acquisition, which was completed on the same day, brings Ellipsiz’s stake in Ise Capital Maangement to 80%. The acquisition was done by way of a share transfer from Ise Hikonobu.
