The man who sold Thai Express returns
Singapore
THAI Express co-founder Dellen Soh sold the home-grown restaurant chain to Thai-listed hospitality group Minor International in 2008.
But one decade on, he is back in the driver's seat. Mr Soh once again donned the hat of chief executive, this time at local unit Minor Food Group Singapore in March last year, when he was tapped to think up a turnaround plan.
He returned at a critical time: Minor Singapore - which manages not just Thai Express but also Xin Wang Hong Kong Cafe and Poulét, among other brands - was facing quarterly losses.
As the new year opens, Mr Soh is confident that he's the man for the fix-it job. Having trimme…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Lululemon to shutter Washington distribution center, lay off 128 employees
Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece
P&G raises annual core profit forecast on resilient demand, price hikes
Cordlife calls for trading halt after shares sink to all-time low, pending announcement
Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom
Swiss watch exports plunge as China and Hong Kong demand dries up