Food & Beverage
SATS terminates lease on Jurong Innovation District site
It is in the process of evaluating sites to relocate the SATS Food Hub.
Japan's Mitsui invests $36.4m to expand SATS food solutions in Asia
The investment will give Mitsui a 15% stake in SATS’ food solutions businesses.
ThaiBev proposed share swap with TCC Assets values FPL at $1.89 per share
It will no longer hold any interest in FPL upon completion.
F&B sales grow stronger in May
Sales rose 2.9% YoY and 2.1% MoM.
Tung Lok inks a three-year lease at Orchard Central for Dancing Crab
Total rent is estimated to reach $962,000.
SATS issues 4.3 million new ordinary shares
They will be listed on the SGX beginning 2 July.
Olam Agri bags $1b revolving credit facility
Proceeds will be used to pay off Olam Agri's existing loans.
Food Empire to issue US$40m redeemable exchangeable note to Ikhlas Capital
Proceeds from the notes issuance will go to SEA expansions.
Food Empire says Vietnam coffee factory plans still under negotiation
The company is still conducting feasibility studies on the project.
Olam Food Ingredients unveils 2030 targets
Firm aims to boost farm productivity and reduce scope 3 emissions.
How are Singapore food producers faring in sustainable sourcing?
F&N was the top-performing Singapore-listed food producer in sustainable sourcing.
Kimly acquires Serangoon Central coffee shop for $13.15m
The coffee shop spans a total of 358.0 sqm strata area.
F&B sales growth eases to 0.3% YoY in April
In March, sales grew by 4.9% YoY.
Asia’s number one steak restaurant hosts London’s legendary Hawksmoor in a culinary convergence of remarkable distinction
Hawksmoor and Bistecca collaborate for an exclusive Four Hands Dinner Series from 24 to 27 June
Zixin Group recovers with $2.48m profit in FY 2024
It reversed its losses from FY 2023.
Old Chang Kee's net profit rises 50% YoY to $5.29m in H2 2024
Full-year profits also increased by double digits.
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