Breadtalk Group

SINGAPORE (Sept 17): BreadTalk Group has announced that it will not be convening an extraordinary general meeting (EGM) to seek shareholders’ approval for its proposed $80 million acquisition of Food Junction Management.

SINGAPORE (Sept 3): BreadTalk Group is licking its chops at the acquisition of Food Junction Management, which would make BreadTalk the third-largest foodcourt operator in Singapore behind NTUC Enterprise and Koufu.

SINGAPORE (Sept 2): BreadTalk Group is acquiring the entire issued share capital of Food Junction Management (FJM) for $80 million, subject to further adjustments.

SINGAPORE (Aug 19): In this latest earnings season, most of the local F&B stocks suffered huge losses. While revenue for most have increased, operating costs rose by a bigger quantum, causing a drag in earnings.

SINGAPORE (June 17): BreadTalk announced that Wu Pao Chun has launched its first bakery in Capitol Singapore on June 14.

SINGAPORE (May 14): DBS Group Research is maintaining Breadtalk Group at “hold” with 92 cents target as outlook for the group continues to be mixed.

Singapore (May 7): BreadTalk Group has announce earnings of $1.7 million for 1Q19, up 52.4% from $1.1 million in earnings a year ago on higher revenue.

SINGAPORE (Nov 7): RHB Research is maintaining its “sell” call on BreadTalk Group with a lower target price of 75 cents from $1 previously, after cutting FY18-20 forward earnings estimates by about 30% per annum to factor in the gestation of new busin

SINGAPORE (Nov 5): BreadTalk Group posted earnings of $2.1 million for the 3Q ended Sept, 41.7% lower compared to its earnings of $3.7 million a year ago on the back of higher expenses. 

SINGAPORE (Sept 10): BreadTalk Group announced that its wholly-owned subsidiary, Together Inc, has today entered into a 80:20 joint venture (JV) with Wu Pao Chun Food (WPC) to operate the Wu Pao Chun brand of Bakeries in Singapore and Hong Kong.