White-Wood-House Foods Co., Ltd. announced that it has received TWD 418.25 million in funding from GenMont Biotech Incorporation.
On May 8, 2014, White-Wood-House Foods Co., Ltd. closed the transaction. The company issued 11,950,000 common shares for gross proceeds of TWD 418,250,000 in the transaction. The investor has acquired minority stake through this transaction and now holds 100% stake in the company.