Swensen's operator on property trail
It has evaluated 10 development opportunities, but has yet to find the right project or partner
Singapore
ABR Holdings, the Singapore franchisee for Swensen's ice-cream and restaurants, has evaluated 10 property development opportunities as part of its diversification effort.
A year from the time it first proposed its business diversification, the company has not found anything yet.
"It boils back down to finding the right project, and finding the right partner," ABR executive chairman Keith Chua told The Business Times on Monday.
"Although we said we're going into property, we're not going to rush into it," he said. "We will continue to look for projects, but I suppose the key thing is we…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Volkswagen workers vote decisively to unionise in Tennessee
Sony deal for Paramount would draw added regulatory scrutiny
Bitcoin 'halving' has taken place: CoinGecko
Lululemon to shutter Washington distribution center, lay off 128 employees
Wall Street bonus rules return to regulatory agenda in third try
Honda to invest US$808 million in Brazil by 2030