Kimly Group

M&A

Kimly acquires Teck Whye coffeeshop for $14 mil amid ongoing investigations

SINGAPORE (Sept 24): Catalist-traded Kimly is acquiring its very first coffeeshop in Singapore for $14 million.

Markets

Hong Kong formally withdraws extradition bill; Singapore's GDP forecast lowered

SINGAPORE (Sept 9): After 13 long weeks of protests in Hong Kong, an end to the political crisis in the Special Administrative Region may be in sight.

Management & Corporate Governance

Kimly denies ex-Pokka CEO Alain Ong is mastermind behind IPO, Asian Story acquisition

SINGAPORE (Sept 3): Coffeeshop operator Kimly said former director Alain Ong Eng Sing was not the mastermind behind its listing and its acquisition of Asian Story Corporation (ASC).

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.

Results

Kimly posts 6% drop in 3Q earnings to $4.7 mil on higher expenses

SINGAPORE (Aug 7): Coffeeshop operator Kimly reported 3Q19 earnings of $4.7 million, down 6% from $5 million in 3Q18 a year ago.

Results

Kimly 2Q earnings fall 13.2% but interim dividend is doubled to 0.56 cent

SINGAPORE (May 7): Kimly, the owner and operator of coffeeshops, reported 2Q19 earnings fell 13.2% to $4.7 million from $5.4 million in 2Q18.

Management & Corporate Governance

Kimly seeking AGM re-election of executive chairman under probe

SINGAPORE (Jan 14): Kimly, the coffeeshop operator, is seeking the re-election of its executive chairman Lim Hee Liat (main image) who is under investigation, at an annual general meeting (AGM) to

Management & Corporate Governance

Kimly chairman Lim and executive director Chia arrested, out on bail

SINGAPORE (Dec 5): Coffeeshop chain Kimly’s executive chairman Lim Hee Liat (right) and executive director Chia Cher Khiang (left) were arrested by the Commercial Affairs Department on Dec 4, but a

Broker's Calls

Kimly cut to 'neutral' by RHB on failure to launch F&B dreams

SINGAPORE (Dec 3): RHB Research is downgrading Kimly to “neutral” from “buy” given the latter’s dream of building a major F&B player like Frasers and Neave is over.

Management & Corporate Governance

Kimly shares suspended on regulators' probe

SINGAPORE (Nov 27): Catalist-listed coffeeshop operator Kimly has asked for the trading of its shares to be suspended.

Be informed of the stories that matter