Instant-coffee maker Food Empire’s potential dual listing may not mean instant success
INVESTORS might be expected to shun a consumer products company that derives the bulk of its revenue from countries embroiled in a war.
But the stock price of instant-coffee maker Food Empire : F03 0%, whose key markets include Russia and Ukraine, has surprisingly been on a tear over the past year.
The mainboard-listed company is now stirring up more excitement with its latest announcement in mid-October that it is exploring a dual primary listing in Hong Kong.
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