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Broker's Calls
Analysts positive on Kimly as it feeds hungry heartlanders
With working from home becoming the new norm, Kimly's coffeeshops are seeing more hungry patrons
October 12, 2020
M&A
NTUC Enterprise to acquire Kopitiam by year-end
SINGAPORE (Sept 23): NTUC Enterprise has announced that it will be acquiring local food court operator Kopitiam Investment along with its subsidiaries by end-2018.
September 23, 2018
IPO
F&B operator Koufu lodges preliminary prospectus for IPO on SGX Mainboard
SINGAPORE (June 28): Koufu Group, the operator and manager of food and beverage (F&B) establishments in Singapore with a presence in Macau, has lodged its preliminary prospectus with the Monetary Authority of Singapore (MAS) for a Mainboard listing on the
June 28, 2018
Results
Kimly 1Q earnings fall 13.9% to $5.7 mil on higher expenses
SINGAPORE (Feb 9): Kimly, the traditional coffee shop operator, has announced earnings of $5.7 million for 1Q18, down 13.9% from $6.7 million reported a year ago on higher expenses.
February 09, 2018
Results
Kimly reports 20% decline in 3Q earnings to $5.2 mil on higher expenses
SINGAPORE (Aug 7): Kimly, Singapore’s largest traditional coffee shop operator, posted earnings of $5.2 million for the 3Q17 ended June, down 20% from its $6.5 million in earnings for 3Q16 due to higher expenses.
August 07, 2017
Kimly units to acquire coffeeshop, industrial canteen assets for total $1.5 mil
SINGAPORE (June 14): Coffeeshop operator Kimly Group announced Wednesday that two of its subsidiaries have entered into separate agreements for acquisitions of a coffeeshop and an industrial canteen for a total of $1.5 million.
June 14, 2017