No Signboard seafood restaurant to raise up to S$35m in Catalist IPO

Singapore

SEAFOOD restaurant chain No Signboard Holdings is headed for an initial public offering (IPO) on the Singapore Exchange which could value the company at up to S$129.5 million.

The family-owned business, famed for its white pepper crab, expects to raise up to S$35 million from the sale of 125 million shares at S$0.23 to S$0.28 apiece, according to a term sheet seen by The Business Times.

Bookbuilding is expected to close next Fr…