“As a homegrown company, we have always believed that local enterprise has a critical role to play in national resilience, and this farm is where that belief becomes reality," says Kenneth Ho, CEO of Ellipsiz.
ISE Foods Holdings (IFH), a subsidiary of SGX-listed Ellipsiz, has received a $65 million loan from Maybank to help fund the development of Singapore's fourth egg farm.
Ellipsiz's plans for this egg farm extend as far back as 2021 and has received the support of the Singapore Food Agency. Presumably, the higher production eggs here can help with food security.
