Food Empire - Maybank Research 2025-07-21: Truly Asia

• Food Empire struck a preliminary pact (MOU) with Capital A Berhad subsidiary Santan Food Services to sell a Vietnamese iced coffee product on AirAisa flights and through retail channels and co-develop a new range of products.

Selling Vietnamese iced coffee on Air-Asia flights.

• - Read this at SGinvestors.io -

Asia will be biggest growth driver.

• Food Empire will complete construction of a freeze-dried soluble coffee manufacturing facility in Vietnam by 2028. This will position it as a leading manufacturer of soluble coffee in Asia.
• - Read this at SGinvestors.io -
• Also, construction of its first coffee-mix manufacturing plant in Kazakhstan is due to be completed by end-2025.

Diversification of revenue justifies P/E re-rating.

• Read more at SGinvestors.io.

Above is an excerpt from a report by Maybank Research.
Clients of Maybank Securities may be the first to access the full PDF report @ https://www.maybanktrade.com.sg/.

Read also Maybank's most recent report:
2025-08-15 Food Empire - Strong Core Performance.

Price targets by 3 other brokers at Food Empire Target Prices.

Listing of research reports at Food Empire Analyst Reports.

Relevant links:
Food Empire Share Price History,
Food Empire Announcements,
Food Empire Dividend Payout Dates & Corporate Actions,
Food Empire News