A spicy IPO next on the menu?
Jumbo Group, known for its chilli crab, could list next year to raise S$30m
THE Jumbo Group of restaurants, known for its signature chilli crab dish, could go public next year.
The company is planning to raise about S$30 million, partly to expand in China, according to a Bloomberg report.
A spokeswoman for Jumbo told The Business Times that "we do not comment on market speculation".