First Natural Foods to buy Hengsheng for HK$400 Mln

First Natural Foods said it agreed to buy Hang Seng Sociedade Unipessoal Limitada, a junket operator which runs seven VIP rooms in Macau, for $400 million, as it diversifies its business base. “As the group’s first strategic move into the gaming industry, the acquisition is considered as a conservative, yet appropriate investment given the company’s lack of relevant experience in the gaming business in Macau,” it said in a regulatory filing.