Koufu's Deli Asia deal to 'bring in the dough'

Singapore

THE proposed S$22 million acquisition of the Deli Asia group by food court and coffee shop operator Koufu Group is an "attractive" deal that could boost the mainboard-listed company's earnings per share, a CGS-CIMB report said on Wednesday.

The Deli Asia group - comprising Deli Asia, Delisnacks, Dough Culture and Dough Heritage - is one of Koufu's biggest suppliers of fried food and dough products.