Japanese restaurant group RE&S to list on Catalist
IPO likely by end of the year, with Temasek unit Heliconia Capital Mgt as a cornerstone investor
Singapore
JAPANESE restaurant group RE&S Holdings has filed a preliminary prospectus for a Catalist listing as it seeks to raise capital for new outlets - a move that will add to Singapore Exchange (SGX)'s more than US$100 billion consumer sector.
The listing of RE&S - which owns 20 restaurant brands here including Ichiban Boshi, Kuishin Bo and Kuriya Dining - is expected to take place by end-2017.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Airbus net profit soars 28% in first quarter
Carrier AirAsia discloses new listing plans under RM6.8 billion units merger
Intel slides after tepid forecast spurs fears about comeback
Microsoft beats estimates as AI drives revenue
Crypto firm sues SEC to fend off oversight of Ethereum
Snap beats first-quarter expectations, shares jump 25%