Singapore's food court operator Koufu files for SGX Mainboard IPO

Singapore's food court operator Koufu files for SGX Mainboard IPO

A man checks his phone at the entrance of the Singapore Exchange Ltd. (SGX) headquarters in Singapore. Photographer: Ore Huiying/Bloomberg

Food court operator Koufu Group has lodged a draft prospectus with the Monetary Authority of Singapore for its proposed IPO on the SGX Mainboard.

According to Business Times, the IPO could raise around S$85 million, which will be used to build an integrated facility to house a larger central kitchen, to revamp its F&B outlets and to fund other expansion plans.

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