JB Foods

JB Foods: Counter in top volume today. Company was featured on next insight 3 days back. See article below: http://www.nextinsight.net/index.php/story-archive-mainmenu-60/919-2013/6358-jb-foods-sweet-spot-processing-cocoa-in-malaysia JB Foods announced that Tee Yih Jia Manufacturing (owned by Sam Goi) has agreed to subscribe for 80m new shares or 16.7% stake in the company at $0.27, The shares will have a trading moratorium for 6 months. Net proceeds of $21.6m will be used to fund the future acquisition and expansion of the company.