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Koufu plans S$85m IPO, plans to debut on July 18
It intends to recommend dividends of at least 50% of net profit after tax generated in 2018 and 2019
Add BT as a preferred sourcePublished Thu, Jun 28, 2018 · 09:50 PM
Singapore
HOMEGROWN food court operator Koufu has lodged a draft prospectus for a listing on the Singapore Exchange mainboard, with plans to start trading on July 18.
The initial public offering (IPO) could raise around S$85 million and Koufu Group would have a market cap of around S$350 million upon its debut, according to indicative terms seen by The Business Times.
