SINGAPORE (Nov 27): Catalist-listed coffeeshop operator Kimly has asked for the trading of its shares to be suspended. The company said regulators have asked for certain documents and information it did not specify.

The suspension is also because of Kimly’s intention to update shareholders for an acquisition it did not specify, and also for its earnings for the full year ended Sept 30 2018 that has yet to be reported.

Since the company was listed back in March 2017, it has made two acquisitions. The first was for a coffeeshop and a canteen for a total of $1.5 million. The sellers were paid new Kimly shares at 50 cents each, a 22.5% premium over Kimly’s then traded price.

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