In 2023, Goodwill diversified into new ventures like FATE by HaveFun, a dance club concept at Cineleisure Orchard; and HaveFun Live Show, a daily concert-style venue at Bugis+ mall.
Entertainment venue operator Goodwill Entertainment, which listed on the Catalist board of the Singapore Exchange (SGX) in November 2024, currently trades at 12.3 times price-to-earnings (P/E), below the Catalist average of 13.3 times, says SAC Capital.
In an unrated July 1 report, SAC Capital analyst Daniel Ng says Goodwill is a “leading player” in Singapore’s entertainment scene as it operates the HaveFun Family Karaoke chain with 11 outlets across the island.
