You are here

StanChart PE takes 'significant' stake in Phoon Huat

Tuesday, July 5, 2016 - 05:50
BT_20160705_ASPHOON5_2369976.jpg
Phoon Huat provides baking ingredients under brands that include Redman to restaurants and hotels.

Singapore

STANDARD Chartered Private Equity (SCPE) has invested in another Singapore food and beverage player, a year after it ploughed US$52 million into Crystal Jade Group Holdings.

It is now taking a "significant stake" in branded food ingredients wholesaler and retailer Phoon

Powered by GET.comGetCom