Shenzhen-Listed Xiwang Foodstuffs to Buy Canadian Nutritional Supplement Maker

China’s Xiwang Foodstuffs has acquired 100 percent stake of Canada’s Kerr Investment Holding Corp, the Chinese firm announced on Friday [23 September 2016]. Under the deal signed in Canada on Thursday, Xiwang Foodstuffs, a private company in east China’s Shandong Province, will set up a joint venture with Primavera Capital, a China-based global investment firm,

Chinese Groundnut Oil Producer Proposes Reverse Takeover of Malaysian Telecom Company

China edible oil producer, Henan Xinghe Oil and Fat Co Ltd, plans to introduce its branded oil products to Malaysia in the wake of a proposed reverse takeover (RTO) of Key West Global Telecommunications Bhd. The move will mark the first foray of the company, one of China’s top six edible oil makers, out of