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Koufu opens $55 million headquarters in Woodlands

F&B operator tapping tech and automation to put heat on rivals. Read more at straitstimes.com.

Koufu founders make 77 cents per share cash offer to privatise company

Koufu founders, a husband-wife duo, make an offer of 77 cents per share in cash to privatise company

SINGAPORE - Koufu Group's founding shareholders are proposing to privatise the company at 77 cents per share in cash through a voluntary conditional offer that values the foodcourt operator at $425.8 million. The offeror Dominus Capital is an investment company incorporated on Oct 7 by Koufu executive chairman and chief executive Pang Lim and executive director Ng Hoon.

From Food Junction To Kok Kee: Here s A List Of 6 Million-Dollar F&B Acquisitions In S pore

From Food Junction To Kok Kee: Here’s A List Of 6 Million-Dollar F&B Acquisitions In S’pore Zafirah Salim © Provided by Vulcan Post From Food Junction To Kok Kee: Here s A List Of 6 Million-Dollar F&B Acquisitions In S pore Over the years, it seems like larger F&B players are buying over smaller operators in a bid to achieve critical mass, strengthen their competitiveness and eventually scale up their business. On the consumers’ end, many are worried that such consolidations will lead to price increases and a possible drop in food quality. While this may be true, the flipside is that more efficient operations from larger food operators can lead to cost savings and there is no need for operators to raise prices to maintain profit margin.

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