Nocera Inc. Agrees to Sell 80% Stake in Meixin for $420,000

Reuters
Dec 03
Nocera Inc. Agrees to Sell 80% Stake in Meixin for $420,000

Nocera, Inc. has entered into an agreement to sell 80% of its variable interest entity equity interests in Meixin Institutional Food Development Co., Ltd., a Taiwan-based company in the food processing and catering sector, to Yinuo Investment Consulting Co., Limited of Hong Kong. The agreed purchase price for the transaction is $420,000. The closing of the deal is subject to customary conditions and will occur on a mutually agreed date once all conditions are met.

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