China Star Food to make trading debut after RTO, placement
Singapore
A CHINESE sweet potato snack specialist, China Star Food Group (CSFG), will soon be listed on the secondary board of the Singapore Exchange, following the completion of a S$168 million reverse takeover (RTO) of cash company Brooke Asia in September last year and the announcement this week of the completion of a compliance placement issue to lift its public float.
The firm, which produces and sells "healthy" sweet potato snack products across China, will make its debut on the Catalist board this Wednesday (April 20).
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
J&J advances US$6.48 billion settlement of talc cancer lawsuits
US holds quarterly debt sale steady, starts buybacks this month
US dollar nears six-month high after pre-Fed data shock, yen steady
KFC parent Yum reports surprise drop in global same-store sales on weak demand
Pfizer lifts 2024 profit view on cost cuts, higher Covid vaccine demand
Shell exits China power market businesses