DBS Group Research analyst Paul Yong and the Singapore research team have kept their “buy” recommendation on Kimly with the same target price of 50 cents. The target price, which represents a 20% upside to the counter’s last-traded price of 41.5 cents as at Nov 29, is pegged to a 15 times FY20...

THE following companies saw new developments that may affect trading of their securities on Friday (Nov 26):

COFFEE shop and food court operator Kimly reported a 55.7 per cent growth in net profit to S$39.3 million for the full year ended Sep 30, 2021.

COFFEE shop and food court operator Kimly reported a 55.7 per cent growth in net profit to S$39.3 million for the full year ended Sep 30, 2021.

Kimly reported a 13.2% y-o-y increase in revenue to record S$238.6 million for the full year ended September 30, 2021 (FY2021), mainly due to revenue growth from all three of its Business Divisions. These comprise food retail, outlet management, and outlet investment business. Kimly also registered ...

KIMLY may see upside to its earnings upon benefiting from a higher-than-expected number of acquisitions, according to DBS Group Research.

On Nov 11, Kimly’s executive chairman Lim Hee Liat and its executive director Chia Cher Khiang have each been charged by the Commercial Affairs Department (CAD) for an offence under Section 331 (1) of the Securities and Futures Act (SFA). The charges against Lim and Chia were in relation to Kimly�...

KIMLY may see upside to its earnings upon benefiting from a higher-than-expected number of acquisitions, according to DBS Group Research.

THE following companies saw new developments that may affect trading of their securities on Wednesday (Nov 17):

COFFEE shop and food court operator Kimly on Tuesday (Nov 16) said it does not have any plans to appoint new executive directors, following the resignation of former executive chairman Lim Hee Liat and former executive director and chief executive officer Chia Cher Khiang.