Home-grown restaurant chain Jumbo Group - well-known for its signature chilli crab - wants to expand its presence in the region by using proceeds from an upcoming public offer.
On Monday, Jumbo lodged its preliminary prospectus to list on Singapore Exchange.
Jumbo says it plans to expand the business through acquisitions, joint ventures or strategic alliances using the initial public offering (IPO) proceeds.
In its prospectus, Jumbo said it intends to open at least four new outlets both here and in China over the next two years.
"We intend to continually introduce fresh and innovative dining concepts ranging from high-end fine dining to casual dining for this purpose," it says.
In the last financial year, the group's revenue rose from $87.66 million to $112.4 million.
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On Monday, Jumbo lodged its preliminary prospectus to list on Singapore Exchange.
Jumbo says it plans to expand the business through acquisitions, joint ventures or strategic alliances using the initial public offering (IPO) proceeds.
In its prospectus, Jumbo said it intends to open at least four new outlets both here and in China over the next two years.
"We intend to continually introduce fresh and innovative dining concepts ranging from high-end fine dining to casual dining for this purpose," it says.
In the last financial year, the group's revenue rose from $87.66 million to $112.4 million.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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