A Taste of Wellness for Savoury and Snacks
Givaudan
Chinese meat producer People's Food Holdings Ltd said yesterday it was not involved in the sale of pork from diseased pigs in Shandong, China.
The company made the statement in response to media reports in Singapore of an incident in Shandong regarding the sale of pork from diseased pigs.
The management of People's Food said in a statement to the Singapore stock exchange that there will be "no direct impact" on the company.
"Our quality control process has always been very stringent and we enforce the strictest hygiene standards in the preparation of our products," said chief executive Zhou Lian Kui.
The company also clarified in a separate statement that it had made a placement of 61 million vendor shares on Wednesday to broaden its existing shareholder base.
The vendor shares, owned by directors of Maleque Ltd, who are also directors of People's Food, were placed out to new investors by G.K. Goh Stockbrokers, it said.