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Press Release      


2014.04.30 Discontinuance of Joint Venture with BRF
Dah Chong Hong Holdings Limited


Dah Chong Hong Holdings Limited (“DCH”) today announced upon mutual agreement between DCH and BRF S.A. (“BRF”), and in a friendly character, effective as from today, that the joint venture with BRF was discontinued through the repurchase of the remaining 50% equity interest of Rising Star Food Company Limited (“RS”) from BRF, at a consideration based on 50% of the adjusted net assets of RS. Consequently, RS becomes a wholly owned subsidiary of DCH.

Despite the discontinuance of the joint venture, the commercial partnership between DCH and BRF will be maintained, focused in the Hong Kong and Macao markets, on non-exclusive basis.



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