food and beverage (F&B)

SINGAPORE (Feb 14): Old Chang Kee reported 3Q19 earnings of $1.5 million, rising 24.6% y-o-y from $1.2 million on the back of higher revenue and lower cost of sales.

SINGAPORE (Jan 30): Beleaguered dining operator Chaswood Resources Holdings has issued an update saying its indirect subsidiary, Bistroamericana (WW) received a judgment from court to pay RM 76,550 (about $25,000) to MCL Land regarding an associated tenan

SINGAPORE (Dec 27): RHB Research is maintaining its “buy” call on Yoma Strategic while lowering its target price to 57 cents from 66 cents, after the stock’s recent share price recovery from all-time low levels in Oct.

SINGAPORE (Dec 12): Jumbo Group today opened its sixth Jumbo Seafood outlet in ION Orchard, Singapore, bringing its total number of Jumbo Seafood branded restaurants across Asia to 17.

SINGAPORE (Dec 10): RHB Research is maintaining “neutral” on Japan Foods with a target price of 48 cents, post the announcement of the group’s 50:50 joint venture (JV) with Minor Singapore.

SINGAPORE (Dec 5): SunMoon Food Company is being placed on the SGX watchlist with effect from today under the minimum trading price (MTP) entry criterion, which requires a volume-weighted average price of less than 20 cents and an average daily market cap

SINGAPORE (Nov 12): RHB Research is downgrading its call on Japan Foods to “neutral” from “buy” with a lower target price of 48 cents compared to 58 cents previously, as it believes the group’s share price could “take a breather” after deliv

SINGAPORE (Nov 7): RHB Research is maintaining its “sell” call on BreadTalk Group with a lower target price of 75 cents from $1 previously, after cutting FY18-20 forward earnings estimates by about 30% per annum to factor in the gestation of new busin

SINGAPORE (Nov 5): BreadTalk Group posted earnings of $2.1 million for the 3Q ended Sept, 41.7% lower compared to its earnings of $3.7 million a year ago on the back of higher expenses. 

SINGAPORE (Oct 17): Koufu Group’s controlling shareholder, Jun Yuan Holdings, has commenced buying back shares of the group following recent controversy over the practices of social enterprise subsidiary, Hawker Management.