Japanese restaurant group RE&S to list on Catalist
IPO likely by end of the year, with Temasek unit Heliconia Capital Mgt as a cornerstone investor
Singapore
JAPANESE restaurant group RE&S Holdings has filed a preliminary prospectus for a Catalist listing as it seeks to raise capital for new outlets - a move that will add to Singapore Exchange (SGX)'s more than US$100 billion consumer sector.
The listing of RE&S - which owns 20 restaurant brands here including Ichiban Boshi, Kuishin Bo and Kuriya Dining - is expected to take place by end-2017.
Proceeds from the deal will be used to open new F&B outlets in Singapore and Malaysia; refurbish and improve production processes at its existing …
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