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 , 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.