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Breadtalk Group
Broker's Calls
Still room for BreadTalk to rise, says RHB
SINGAPORE (Jan 26): RHB Research is keeping its “buy” call on BreadTalk Group and raising its target price to $2.09, from $1.83 previously.
January 26, 2018
BreadTalk and Song Fa to open first bak kut teh restaurant in Shanghai Jing An Kerry Centre
SINGAPORE (Jan 26): BreadTalk and Song Fa is opening the first Song Fa restaurant in Shanghai's Jin An Kerry centre today.
January 26, 2018
Property
Perennial-led consortium sets up US$1.2 bil JV to develop high-speed railway linked mega healthcare developments in China
SINGAPORE (Jan 3): A Perennial Real Estate-led consortium has taken the first step to develop US$1.2 billion ($1.61 billion) worth of integrated healthcare property mega mixed developments in China linked by high speed railway (HSR) network.
January 03, 2018
M&A
BreadTalk in JV with century-old Japanese food trader and supplier
SINGAPORE (Dec 22): BreadTalk Group has incorporated a joint venture with a century-old Japanese firm to oversee the supply of ingredients to support its F&B operations globally.
December 22, 2017
Results
BreadTalk posts 22% rise in 3Q earnings to nearly $4 mil on lower expenses
SINGAPORE (Nov 6): BreadTalk announced 3Q earnings rose 22.2% to nearly $4 million compared to a year ago even as revenue fell 2% to $154.3 million.
November 06, 2017
Property
Breadtalk granted option to purchase Holland V shop for $16.2 mil
SINGAPORE (Sept 27): Breadtalk Group has been granted an option to purchase the property located at 22 and 22A Lorong Mambong for $16.2 million.
September 27, 2017
BreadTalk ba kut teh JV incorporates wholly-owned subsidiary in Shanghai
SINGAPORE (Sept 14): BreadTalk’s ba kut teh JV with Song Fa Venture has incorporated a wholly-owned subsidiary in Shanghai.
September 14, 2017
Broker's Calls
Breadtalk kept at ‘buy’ on earnings growth, recovery of Foodcourt segment
SINGAPORE (Aug 3): DBS is maintaining its “buy” call on Breadtalk Group with a target price of $2.04 as it continues to deliver earnings growth, driven by the recovery of its Foodcourt segment.
August 03, 2017
Broker's Calls
Consortium including Perennial, BreadTalk could net gain of $398 mil in potential AXA Tower sale
SINGAPORE (Aug 1): DBS Group Research says the consortium including Perennial Real Estate Holdings, BreadTalk Group, and Wilmar CEO Kuok Khoon Hong could realise a net gain of at least $398 million in the potential en bloc sale of AXA Tower.
August 01, 2017
BreadTalk and Song Fa in JV to expand Bak Kut Teh business in China and Thailand
SINGAPORE (July 3): BreadTalk Group, through its wholly owned subsidiary, Together Inc, and Song Fa Holdings are entering a joint venture (JV) agreement to incorporate BTG-Song Fa Venture and operate the Song Fa Bak Kut Teh chain of restaurants in China
July 03, 2017