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Kimly looks to buy stakes in coffee shops, canteens for S$59m

Move is in line with its strategy to expand its footprint in Singapore; it will have 81 outlets after the acquisition

Singapore

CATALIST-LISTED coffee shop operator Kimly on Tuesday said that it plans to acquire interests in several coffee shops and industrial canteen units for a total of S$59 million, in a move that will expand the group's footprint to 81 outlets.

Jin Wei Food Holdings, Kimly's...

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