Potential white knight emerges for Dimbulah Coffee, says fate rests on lease rental terms
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THE number of outlets that Dimbulah Coffee can retain will depend on being able to strike "fair terms" at each location, Takuya Yoshii, a businessman linked to key backers of the cafe operator and potential white knight, told The Business Times (BT).
"We are seriously damaged with Covid-19, as all of our outlets are only located at office buildings in the CBD area or at Raffles Hospital, where crowd traffic is still below 50 per cent compared to pre-Covid levels," Mr Yoshii said.
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