GenMont Biotech Incorporation (TSEC:3164) agreed to acquire the remaining 49% stake in White-Wood-House Foods Co., Ltd. from Jian Lingzhen, Jian Mingzhao, two investment companies and other individuals for approximately TWD 900 million on March 17, 2014. GenMont Biotech will acquire shares at TWD 35 per share and will hold 100% stake in White-Wood-House Foods post transaction.

GenMont Biotech Incorporation (TSEC:3164) completed the acquisition of remaining 49% stake in White-Wood-House Foods Co., Ltd. from Jian Lingzhen, Jian Mingzhao, two investment companies and other individuals in 2014.