catering

F&B sector

Foodie paradise or hell's kitchen?

Foodie paradise or hell's kitchen?
Neo Group to consolidate & shift operations to upcoming high-tech facility at Jurong

Property

Neo Group to consolidate & shift operations to upcoming high-tech facility at Jurong

SINGAPORE (Mar 15): Catering company Neo Group is moving from its headquarters from Enterprise Road to 30B Quality Road at Jurong, where the group intends to construct a high-tech catering hub and integrated facility spanning 300,000 sq ft and 10 storeys

Broker's Calls

Formation of corporate finance team brings new hope to Neo Group, says RHB

SINGAPORE (Nov 14): RHB Research continues to rate catering firm Neo Group at “neutral” at an unchanged target price of 64 cents after its 2Q18 results, which were dragged down by newly-acquired subsidiary U-Market, was reported to come in at a loss o

Results

Neo Group sinks into the red in 2Q on absence of one-off gain

SINGAPORE (Nov 10): Neo Group reported a loss of $0.5 million for 2Q17/18 compared to earnings of $3 million a year ago in 2Q16/17.

Results

Neo Group posts 46.2% fall in FY17 earnings to $3.3 mil

SINGAPORE (May 25): Neo Group reported $3.3 million in earnings for FY17, down 46% from the previous financial year.

M&A

Neo Group in exclusive acquisition talks with manufacturer of cordials and syrups

SINGAPORE (March 9): F&B player Neo Group has entered into an exclusive dealing agreement in relation to a proposed acquisition of shares in of shares in Asia Farm F&B (AFF).

ABR Holdings signs MOU to acquire Chilli Padi Group

SINGAPORE (Jan 18): ABR Holdings has signed a memorandum of understanding with the shareholders of Chilli Padi Group to acquire a 100% stake in Chilli Api Catering, Chilli Padi Nonya Catering and Chilli Padi Nonya Restaurant.
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