Kimly IPO 8.3 times subscribed

SINGAPORE (March 18): Kimly, the traditional coffee shop operator, announced its initial public offering of new shares at 25 cents each was 8.3 times subscribed.

(See also: Coffeeshop operator Kimly launches IPO; to sell 173.8 million new shares at 25 cents each)

(See also: What’s cooking at Kimly?)

---

Related Stories

• Yoma Strategic swings back into the black with FY2024 net profit of US$21.2 mil, core ebitda up 160.5% y-o-y
• Temasek-backed UST seeks to raise at least US$500 million in IPO
• RHB ‘neutral’ on downstream F&B sector, notes recovery past pre-pandemic levels

---