, Singapore
559 views
Photo from Freepik

Food Innovation to raise $3.1m in Catalist IPO

It will list its shares at $0.22 apiece.

Food Innovation Holdings plans to raise $3.1 million in its initial public offering (IPO) on the SGX Catalist. 

The company will list its shares on 16 October at $0.22 each. 

In its prospectus, the company said the funds will be used to expand its food retail business outside Japan. 

Additionally, it plans to acquire the rights to operate themed restaurants featuring popular anime characters and introduce new Japanese food brands to Singapore and Japan. 

The company will also the funds for general working capital purposes.
 

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!