AOM International Completes Majority Acquisition of Jiangxi Jiuai Food

Kiu Hung International Holdings Limited ( (HK:0381) ) has issued an announcement.

AOM International Group Company Limited has completed its acquisition of a 72.5% equity interest in Jiangxi Jiuai Food Co., Ltd., with all conditions precedent fulfilled and the transaction closing on 17 March 2026. As consideration, the company issued HK$59 million in convertible bonds to the vendor, making Jiangxi Jiuai Food an indirect 72.5% subsidiary whose financial results will now be consolidated into AOM International’s accounts.

The completion strengthens AOM International’s control over the target business and is expected to expand its operational scale in the food industry, particularly in Mainland China. Consolidation of the target’s results may have a material impact on the group’s financial profile and could influence its earnings composition, capital structure, and future growth trajectory for existing shareholders and new investors.

The most recent analyst rating on (HK:0381) stock is a Hold with a HK$0.18 price target. To see the full list of analyst forecasts on Kiu Hung International Holdings Limited stock, see the HK:0381 Stock Forecast page.

More about Kiu Hung International Holdings Limited

AOM International Group Company Limited is a Cayman Islands-incorporated company continued in Bermuda and listed in Hong Kong under stock code 00381. The group is expanding its footprint in the food sector through the acquisition of a majority stake in Jiangxi Jiuai Food Co., Ltd., indicating a strategic focus on the Mainland China food market.

Average Trading Volume: 6,162,522

Technical Sentiment Signal: Sell

Current Market Cap: HK$213.1M

Find detailed analytics on 0381 stock on TipRanks’ Stock Analysis page.