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Corporate digest

Published Mon, Sep 21, 2015 · 09:50 PM

Jumbo

SEAFOOD restaurant group Jumbo has lodged its preliminary offer document for a listing on the Catalist board of the Singapore Exchange. The group plans to open more outlets in Singapore and China under new or existing brands to tap a bigger customer base. It currently has 14 outlets in Singapore and two in China, under five brands. Jumbo also intends to acquire or lease bigger premises. For FY14, Jumbo earned a net profit of S$11.52 million on revenue of S$112.4 million.

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