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Singaporean coffee shop operator Kimly has completed acquisitions of six food outlet properties for US$25.4 million. The acquisitions include two coffee shops, three industrial canteen units, and a restaurant. The firm is poised to acquire two further coffee…
Singaporean traditional coffee shop operator Kimly has recorded a 5.3-per-cent year-on-year boost in half-year profit to SG$10.5 million (US$7.4 million). The result was achieved on a more modest 1-per-cent increase in sales to $107.4 million ($75.74 million)…
Kimly is in line to become the first operator of traditional coffee shops to be listed in Singapore. The company – reported last month as eyeing a listing – tabled its initial public offering yesterday. It is offering 173.8 million new shares at 25 cents…
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