Breadtalk Group

Company in the news

Breadtalk founder Quek to privatise company with 77 cents per share offer

SINGAPORE (Feb 24): BreadTalk Group, one of the more high-profile consumer brand names in Singapore, might soon join the growing list of companies privatised from the Singapore Exchange.

Corporate moves

BreadTalk's finance and investment chief quits just weeks after group warns of FY2019 net loss

SINGAPORE (Jan 31): Chan Ying Jian, the group chief financial officer and group chief investment officer of BreadTalk Group, has thrown in the towel – just two weeks after the F&B group warned

Results

BreadTalk Group to sink into the red for FY2019

SINGAPORE (Jan 16): BreadTalk Group, one of the biggest Singapore food and beverage names, is likely to report a loss for the financial year ended Dec 31 2019.

Markets

Fed cuts rate, but neutral stance disappoints markets; oil prices ease with assurance of supply

SINGAPORE (Sept 23): On Sept 18, the US Federal Reserve lowered interest rates for the second time this year by 25 basis points to between 1.75% and 2%.

M&A

BreadTalk says no EGM to be called for $80 mil Food Junction acquisition

SINGAPORE (Sept 17): BreadTalk Group has announced that it will not be convening an extraordinary general meeting (EGM) to seek shareholders’ approval for its proposed $80 million acquisition of Fo

M&A

Will BreadTalk's $80 mil acquisition of Food Junction be too hard to swallow?

SINGAPORE (Sept 3): BreadTalk Group is licking its chops at the acquisition of Food Junction Management, which would make BreadTalk the third-largest foodcourt operator in Singapore behind NTUC Ent

M&A

BreadTalk buying over Food Junction for $80 mil from Auric Pacific

SINGAPORE (Sept 2): BreadTalk Group is acquiring the entire issued share capital of Food Junction Management (FJM) for $80 million, subject to further adjustments.

Investing ideas

Higher costs bite F&B earnings; overall pie growing, but shift towards lower end seen

SINGAPORE (Aug 19): In this latest earnings season, most of the local F&B stocks suffered huge losses.

Deals, JVs and alliances

BreadTalk launches Singapore's first Wu Pao Chun Bakery

SINGAPORE (June 17): BreadTalk announced that Wu Pao Chun has launched its first bakery in Capitol Singapore on June 14.

Results

Breadtalk kept at 'hold' by DBS as it awaits better earnings quality

SINGAPORE (May 14): DBS Group Research is maintaining Breadtalk Group at “hold” with 92 cents target as outlook for the group continues to be mixed.

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