franchising

GS Holdings subsidiary enters into joint venture to develop, franchise and manage several F&B brands - THE EDGE SINGAPORE

Deals, joint ventures & alliances

GS Holdings subsidiary enters into joint venture to develop, franchise and manage several F&B brands

The JV company will be incorporated in Singapore with an issued and paid-up share capital of $20,000.

Broker's Calls

Jumbo kept at 'buy' with positive China expansion & 'excellent performance' in Taiwan

SINGAPORE (Jan 4): Maybank Kim Eng is maintaining its “buy” call on Jumbo Group with a target price of 70 cents, implying 26 times FY18 earnings, which is on par with its regional peers.

Broker's Calls

Jumbo’s results were within expectations, but why is UOB sticking to its ‘hold’ call?

SINGAPORE (Feb 14): UOB Kay Hian is maintaining a “hold” rating on Jumbo Group even as the restaurant operator posted a 26% earnings growth in 1QFY17.
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