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Kimly’s subsidiary to acquire 12 Haig Road coffee shop for $11.8 million

Nicole Lim
Nicole Lim • 2 min read
Kimly’s subsidiary to acquire 12 Haig Road coffee shop for $11.8 million
The subsidiary, Kedai Kopi, says that this acquisition will allow it to secure ownership of the coffee shop property it has been operating since April 2021. Photo: Albert Chua
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Kimly Limited’s subsidiary has entered a share purchase agreement to acquire all the shares in GSPL, which owns the coffee shop property at 12 Haig Road for $11.8 million.

The subsidiary, Kedai Kopi, is a 51% owned subsidiary of Kimly’s wholly-owned subsidiary Kimly Makan Place.

Kedai Kopi has entered into the share purchase agreement with Tan Hock Choon and Tan Kah Huat, owners of the private company GSPL which owns the Haig road coffee shop.

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