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Food Junction

M&A

BreadTalk says no EGM to be called for $80 mil Food Junction acquisition

SINGAPORE (Sept 17): BreadTalk Group has announced that it will not be convening an extraordinary general meeting (EGM) to seek shareholders’ approval for its proposed $80 million acquisition of Food Junction Management.

M&A

Will BreadTalk's $80 mil acquisition of Food Junction be too hard to swallow?

SINGAPORE (Sept 3): BreadTalk Group is licking its chops at the acquisition of Food Junction Management, which would make BreadTalk the third-largest foodcourt operator in Singapore behind NTUC Enterprise and Koufu.

M&A

BreadTalk buying over Food Junction for $80 mil from Auric Pacific

SINGAPORE (Sept 2): BreadTalk Group is acquiring the entire issued share capital of Food Junction Management (FJM) for $80 million, subject to further adjustments.

Broker's Calls

Would it be a shame for investors if Auric Pacific delists?

SINGAPORE (Feb 22): CIMB Research continues to keep its “add” recommendation on Auric Pacific Group with an unchanged target price of $1.96 after the group on Tuesday posted a turnaround in FY16 with $72 million in earnings, which was largely in line

Offer price for Auric Pacific is ‘not favourable’; here’s what CIMB thinks the group is worth

SINGAPORE (Feb 8): CIMB Research is maintaining its “add” recommendation for Auric Pacific Group with an unchanged target price of $1.96 on the belief that the current offer price for the takeover of the group is “not favourable”.

Auric Pacific disposes loss-making Lifestyle Dining and Star Party subsidiaries

SINGAPORE (Oct 11): Auric Pacific says subsidiary Food Junction Holdings has disposed of its entire shareholding interest in Lifestyle Dining and Star Party to an unrelated third party for $2.
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