Katrina Group

Company in the news

Katrina Group signs Daily Chicken franchise agreement with DailyBeer Korea

The first Daily Chicken restaurant is slated to open by mid-2024, with plans to open at least four additional outlets by 2028.

Company in the news

Katrina Group’s renounceable non-underwritten rights issue of warrants oversubscribed

According to the group, the net subscription proceeds will be used to fund the renovation of its new F&B outlets.
Katrina Group is back in the back in FY2022 with earnings of $3.46 mil - THE EDGE SINGAPORE

Results

Katrina Group is back in the black in FY2022 with earnings of $3.46 mil

Katrina Group is back in the black for FY2022 thanks to the removal of Covid-19 restrictions and resumption in travel.

New appointments

Katrina Group promotes hospitality subsidiary's general manager to COO

The subsidiary expects to add more fully serviced condo units and hotel rooms to its Singapore portfolio before the year's end.

Company in the news

Katrina Group CEO to attend interview in relation to URA investigation

The investigation was related to “possible breaches” of the minimum stay requirement provided by the group's hospitality segment.
Ron Sim signals growing interest in media business with mm2 Asia and GHY stakes - THE EDGE SINGAPORE

Ron Sim signals growing interest in media business with mm2 Asia and GHY stakes

Ron Sim of Osim fame emerges as substantial shareholder of mm2 Asia; reveals interest in media including GHY Culture & Media.

M&A

Katrina diversifies into hospitality sector with $0.36 mil acquisition of Straits Organization

SINGAPORE (Dec 10): Katrina Group, the F&B group, is acquiring the entire issued share capital of Straits Organization, a provider of affordable and diverse accommodations for a consideration of $358,000.

Results

Katrina posts 97% lower 1H earnings on higher costs and outlet closures, says approaching 'critical mass'

SINGAPORE (Aug 14): Katrina Group announced earnings of $11,000 for the 1H ended June, down 96.7% from $0.3 million in 1H17 earnings a year ago due to higher costs and the closure of non-performing outlets .

Katrina opens maiden So Pho outlet in Shanghai with Ajisen Group

SINGAPORE (Jan 18): Katrina Group, the F&B group specialising in multi-cuisine concepts and restaurant operations, has opened its So Pho restaurant in Shanghai, China, under its joint venture (JV) company named So Pho International with Big Benefit Group.
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