food and beverage (F&B)

SINGAPORE (Jan 3): Singapore ended the past year with a total of 20 initial public offerings (IPOs) and $4.7 billion of total funds raised – the highest in the past four years and a stellar showing for 2017, according to a report launched today by Price

SINGAPORE (Dec 13): Maybank Kim Eng has resumed coverage of restaurant operator Jumbo Group with a “buy” and target price of 70 cents, which implies 26 times FY18E earnings per share (EPS) – on par with its regional food and beverage (F&B) peers.

SINGAPORE (Nov 27): DBS Group Research is maintaining its “hold” call on restaurant operator Jumbo Group with a lower target price of 61 cents, based on 23 times FY18 earnings pegged to the group's historical average.

SINGAPORE (Nov 20): Phillip Capital is recommending that investors “subscribe” to the initial public offering (IPO) of RE&S Holdings at the offer price of 22 cents.

SINGAPORE (Nov 15): Japanese multi-brand F&B group RE&S has launched an initial public offering of 38 million shares at 22 cents each in conjunction with its proposed listing on the Singapore Exchange.

SINGAPORE (Nov 10): Neo Group reported a loss of $0.5 million for 2Q17/18 compared to earnings of $3 million a year ago in 2Q16/17.

SINGAPORE (Nov 7): Japan Foods announced that its 2Q18 earnings dropped 4% to $1.30 million compared to $1.35 million a year ago.

SINGAPORE (Sept 4): Singapore is well-positioned to serve integrated networks in the F&B manufacturing and processing industry, in addition to enabling capital formation through its stock market, according to Singapore Exchange (SGX) market strategist Geo

SINGAPORE (Aug 16): Del Monte Pacific Limited, the consumer food & beverage focused group, has appointed Gregory N Longstreet as the new chief executive officer (CEO) of its US subsidiary, Del Monte Foods (DMFI), with effect from Sept 5.