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Net losses - but keep Kalms and carry on?

Eddie Lim (left), senior adviser, KALMS Singapore and Azan Tengku, CEO, KALMS Singapore, with some of the company's vending machines.

HAVING reinvented itself as a vending machine vendor to survive, with its last brick-and-mortar stores shut in 2016, home-grown gift retailer Kalms is eyeing China for its next phase.

Last year, it received a massive fund injection - and vote of confidence - from Mainboard-listed Ellipsiz...

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