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A spicy IPO next on the menu?

Jumbo Group, known for its chilli crab, could list next year to raise S$30m

Ultimate dish: A successful listing would mark a long but fruitful journey for Ang Kiam Meng, who joined his father at Jumbo Seafood more than 20 years ago. - ST FILE PHOTO

THE Jumbo Group of restaurants, known for its signature chilli crab dish, could go public next year. The company is planning to raise about S$30 million, partly to expand in China, according to a Bloomberg report. A spokeswoman for Jumbo told The Business Times that "we do not comment on market