CATALIST-LISTED coffee shop consolidator Kimly announced on Friday that its wholly-owned subsidiary Northstar has acquired a 25 per cent stake in a coffee shop property in Yishun for about S$6.06 million.  

CATALIST-listed coffeeshop consolidator Kimly announced on Friday that its wholly-owned subsidiary Northstar has acquired a 25 per cent stake in a coffeeshop property in Yishun for a consideration of around S$6.06 million. 

SINGAPORE (June 16): RHB Group Research is upgrading its recommendation on coffeeshop owner and operator Kimly to “buy” from “neutral” with a higher target price of 26 cents from 24 cents previously. The new target price represents a 13% upside for the stock. In a Friday report, lead analyst...

FOOD and beverage (F&B) players are expected to have a rough 2020, but some will do better than others. Coffee shop operator Kimly, for one, appears more resilient than its listed peers.

CATALIST-listed coffeeshop consolidator Kimly has completed the acquisitions of six food outlets first announced on Feb 21 for S$35.5 million, and will acquire the remaining two coffeeshops for S$20.3 million soon.

CATALIST-listed coffeeshop consolidator Kimly has completed the acquisitions of six food outlets first announced on Feb 21 for S$35.5 million, and will soon acquire two coffeeshops for S$20.3 million.

SINGAPORE (May 11): Coffeeshop chain operator Kimly saw a 5.3% y-o-y increase in earnings to $10.5 million for 1HFY2020 ended March, with growth contributed by its five new coffeeshops and eight food stalls opened since November 2019. Revenue climbed 3.1% to $107.4 million in the same period. Selli...

CATALIST-LISTED coffee shop operator Kimly recorded a rise in net profit up in its first half of the year, even though online food delivery fees and cleaning and packing materials pushed up expenses.

Submitted By:  Shaina Teope Case Study:  No And Bukit Sembawang Estates sold 64% of units of Luxus Hills Contemporary Collection. From Bloomberg: Ride-hailing firm ...

The transactions will be facilitated through cash and new shares issuance. The post SG-listed F&B operator Kimly to acquire food outlets for $40m appeared first on DealStreetAsia.