coffee shop

M&A

NTUC Enterprise to acquire Kopitiam by year-end

SINGAPORE (Sept 23): NTUC Enterprise has announced that it will be acquiring local food court operator Kopitiam Investment along with its subsidiaries by end-2018.

IPO

F&B operator Koufu lodges preliminary prospectus for IPO on SGX Mainboard

SINGAPORE (June 28): Koufu Group, the operator and manager of food and beverage (F&B) establishments in Singapore with a presence in Macau, has lodged its preliminary prospectus with the Moneta

Results

Kimly 1Q earnings fall 13.9% to $5.7 mil on higher expenses

SINGAPORE (Feb 9): Kimly, the traditional coffee shop operator, has announced earnings of $5.7 million for 1Q18, down 13.9% from $6.7 million reported a year ago on higher expenses.

Results

Kimly reports 20% decline in 3Q earnings to $5.2 mil on higher expenses

SINGAPORE (Aug 7): Kimly, Singapore’s largest traditional coffee shop operator, posted earnings of $5.2 million for the 3Q17 ended June, down 20% from its $6.5 million in earnings for 3Q16 due to h

Kimly units to acquire coffeeshop, industrial canteen assets for total $1.5 mil

SINGAPORE (June 14): Coffeeshop operator Kimly Group announced Wednesday that two of its subsidiaries have entered into separate agreements for acquisitions of a coffeeshop and an industrial cantee

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