Singaporean beverage company Yeo's revealed that it has accumulated bought 17.598 million shares of Vitasoy Int'l (00345.HK) through its subsidiary YHS Investment this month, with an average price of 5.8849 yuan per share, equivalent to 1.64% of Vitasoy Int'l's issued shares, totaling 0.1036 billion yuan. The company currently holds a 2.04% stake in Vitasoy Int'l.

The company stated that the purchase of these shares aligns with its strategy of investing in leading companies in the Asian industry, especially given the company's exposure to the packaged beverage markets in Mainland China and Hong Kong. The company will also consider further investments from time to time.