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A spicy IPO next on the menu?

Jumbo Group, known for its chilli crab, could list next year to raise S$30m

Published Wed, Sep 24, 2014 · 04:00 PM

THE Jumbo Group of restaurants, known for its signature chilli crab dish, could go public next year.

The company is planning to raise about S$30 million, partly to expand in China, according to a Bloomberg report.

A spokeswoman for Jumbo told The Business Times that "we do not comment on market speculation".

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