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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


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...

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