Goodwill Entertainment operates 12 “multi-entertainment” concepts across Singapore, including karaoke facilities, performance halls and dance clubs. Founder and CEO Flint Lu established the karaoke chain “HaveFun Family Karaoke” in 2015.
Goodwill Entertainment has launched its initial public offering on the Catalist board of the Singapore Exchange (SGX:S68
) (SGX) on Oct 30.
The entertainment company has issued 60 million shares at 20 cents apiece. Of the 60 million shares, 42.5 million are new shares while the remaining are 17.5 million vendor shares. There will be no public tranche.
