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Kimly Group
Company in the news
Kimly's executive chairman and executive director charged by CAD
Lim and Chia have both resigned as directors of Kimly on Nov 11.
November 11, 2021
Billion Dollar Club 2021
The Place Holdings is sector winner; BRC Asia and Kimly top earnings growth and ROE respectively
The three companies that won in the cyclical consumer services sector are a rather diversified bunch.
September 10, 2021
Results
Kimly more than doubles 1H21 earnings to $22 mil, declares interim DPS of 0.56 cents
Kimly's better earnings were underpinned by higher revenue as well as government grants and rental relief.
May 10, 2021
M&A
Kimly acquires 60% stake in Klovex for $1 mil
The consideration will be partly satisfied by cash of $700,000, and partly by the issuance of 1 million new shares in Kimly.
April 01, 2021
Broker's Calls
RHB ups Kimly's TP to 39 cents amid expectations of JVs, acquisitions to 'boost growth'
According to RHB analyst Jarick Seet, the new target price represents a 15% upside with a yield of 4% for the FY2021.
January 19, 2021
Positioning for the recovery
PhillipCapital eyes year-end STI at 3,200
“Investors are positioning ahead of the expected normality to pre-Covid-19 economic conditions," says PhillipCapital.
December 24, 2020
Broker's Calls
Kimly remains a defensive bread and butter stock
This stock is a defensive bread and butter in any investor's portfolio.
December 08, 2020
Deals, joint ventures & alliances
Kimly subsidiary enters into JV agreement to operate and manage halal coffeeshop in Clementi
Kimly says the joint venture was an “opportune” time for the group to make its foray into the fast-growing halal industry.
November 03, 2020
Deals, joint ventures & alliances
Kimly subsidiary to operate and manage two HDB coffeeshops with joint venture partners for total consideration of $294,000
Kimly Makan Place will pay a total consideration of $294,000 for 49% of the shares in both JV companies.
September 09, 2020
M&A
Kimly acquires Teck Whye coffeeshop for $14 mil amid ongoing investigations
SINGAPORE (Sept 24): Catalist-traded Kimly is acquiring its very first coffeeshop in Singapore for $14 million.
September 24, 2019