Exclusive: IFC to invest $10m in Chinese dried noodles maker Xiang Nian

Exclusive: IFC to invest $10m in Chinese dried noodles maker Xiang Nian

Visual from Xiang Nian website

International Finance Corporation (IFC) – the private lending arm of the World Bank – will invest up to $10 million in equity into Xiang Nian, a Nanyang-based manufacturer that specialises in the production of dried noodles, smoothening the way for its IPO in the next few years.

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