Wah Koufu follow no signboard planning IPO, will you apply for its shares?

[Johnrambo]

It aims to build a 7-storey facility to support its stalls and outlets.

Food & beverage store operator and manager Koufu Group is eyeing an initial public offering (IPO) in the Singapore Exchange (SGX). It lodged a preliminary prospectus in the Monetary Authority of Singapore (MAS).

According to the prospectus, it plans to establish an integrated facility in Singapore to its procurement, preparation, processing, and distribution functions to support for its F&B outlets and self-operated F&B stalls. It aims to develop as a seven-storey building on a land area of approximately 8,000 sqm and total gross floor area of approximately 20,000 sqm.

Proceeds of the IPO will go to the capex for the proposed facility, the revamp and construction of F&B outlets, and its expansion through joint ventures, strategic alliances, acquisitions or investment opportunities.

More at
Homegrown F&B operator Koufu Group eyes IPO

 

[eatshitndie]

69 cents or 6.9 cents per share?

 

[no_faith]

Knn last time issue pink ic like toilet paper
Now issue ipo also like toilet paper
Sinkieland machiam toilet roll

 

[Scrooball (clone)]

Sounds like a fucked up business proposition.

 

[555]

Koufu has an interesting business model; they capitalize on their numerous kopitiam locations and offer stallholders the chance to upgrade to another location ANYTIME within their contract period, by just paying for the price difference and signboard. (downgrade got some penalties, so stallholders will not downgrade). In this way, stallholders support the high rental prices of their prime locations.

 

[555]

Sounds like a fucked up business proposition.

sad or not?

 

[JohnTan]

Koufu, like Kimly, are stable businesses. You should buy their shares. Buy!

 

[no_faith]

Koufu has an interesting business model; they capitalize on their numerous kopitiam locations and offer stallholders the chance to upgrade to another location ANYTIME within their contract period, by just paying for the price difference and signboard. (downgrade got some penalties, so stallholders will not downgrade). In this way, stallholders support the high rental prices of their prime locations.

Upgrade from heartland to town?
Really take people for suckers? Want the people money again?
Random co will just apply ipo

 

[555]

Upgrade from heartland to town?
Really take people for suckers? Want the people money again?

It gives the stallholders flexibility and allow koufu to fetch the bestest price for prime locations.

 

[AhMeng]

Upgrade from heartland to town?
Really take people for suckers? Want the people money again?

Take Money later buy a fleet of luxury cars for senior executives as perks. Lol

 

[555]

Koufu, like Kimly, are stable businesses. You should buy their shares. Buy!

kimly's share price traded at 48-55 cents when they got listed 15 months ago.
Today it's about 20-25% lower.

 

[555]

Take Money later buy a fleet of luxury cars for senior executives as perks. Lol

They bought a lot a lot a lot a lot of vans at high COE prices for their staff.

 

[AhMeng]

They bought a lot a lot a lot a lot of vans at high COE prices for their staff.

Lol... No wonder need more money...

 

[no_faith]

It gives the stallholders flexibility and allow koufu to fetch the bestest price for prime locations.

But the foodstall inside koufu suck
It failed the term koufu
All jus biz not much standard on food, high price, prime area, only koufu to choose.
Ai lai mai sua. Pap way

When yakun ipo? When punggol nasi lemak ipo? When

 

[555]

But the foodstall inside koufu suck
It failed the term koufu
All jus biz not much standard on food, high price, prime area, only koufu to choose.
Ai lai mai sua. Pap way

When yakun ipo? When punggol nasi lemak ipo? When

The next food IPO will be Commonwealth Capital - Pastamania, Swiss Bake
https://www.straitstimes.com/singap...eations-fined-90000-for-bakery-managers-death

 

[virus]

these canteen operators r scrapping the bottom of the sink, huge hygiene problem, huge problem to meet diversity of food, quality and price.

 

[frenchbriefs]

fnb companies and kopitiams and maid agencies are enjoying such tremendous success in SG and support from 6.9m sinkies that they are issuing in ipos left and right......this shows that Singapore is heading in the right direction under the leadership of PAP.