The group’s investor is Gazelle Ventures, which had invested $5 million into the company on July 1, 2022. Gazelle Ventures is jointly owned by Gazelle Capital and Valiant Investments and invests in food, agri-tech and sustainable agriculture-related businesses. Gazelle Capital is a Singapore-incorporated family office while Valiant Investments is a boutique family office incorporated in Hong Kong.
No Signboard Holdings says it will operate its streamlined businesses with funds from its investor in order to resuscitate its businesses and to effect a resumption of the trading of its shares.
As at June 19, No Signboard Holdings (SGX:1G6
) currently operates two food and beverage (F&B) outlets, Little Sheep Hotpot at Orchard Gateway and No Signboard Sheng Jian at Northpoint City. The group had closed its loss-making No Signboard Seafood Esplanade outlet on April 1, 2022.
