Lifebrandz

Lifebrandz's chairman and ID resign in view of the group's new strategic direction - THE EDGE SINGAPORE

Company in the news

Lifebrandz's chairman and ID resign in view of the group's new strategic direction

Lifebrandz, on March 10, posted its results for the 1HFY2021, where it made earnings of $3.1 million, from losses of $1.3 million.

Company in the news

LifeBrandz kicks off San Francisco sushi restaurant opening with five-day event

SINGAPORE (Dec 10): LifeBrandz is celebrating the opening of its new Japanese sushi restaurant in San Francisco with a five-day event to be held from Dec 10 to 14.

Results

Lifebrandz 2Q losses widen 18% to $0.6 mil on higher sales activities, business expansion

SINGAPORE (Mar 14): Lifebrandz saw its losses in 2Q widen 18% to $0.6 million from $0.5 million a year ago, mainly due to an increase in total expenses which the group attributes to higher sales activities and business expansion.

Results

LifeBrandz 1Q losses widen on business expansion; undertakes rights issue

SINGAPORE (Dec 16): Lifebrandz reported losses for 1Q ended Oct widened to $1.06 million from $0.53 million a year ago on higher total expenses as a result of business expansion.

Lifebrandz incorporates new sushi restaurant subsidiary to be led by Kenjiro 'Hatch' Hashida

SINGAPORE (June 21): Lifebrandz has incorporated a new wholly owned subsidiary, Cloud Eight, for $0.1 million in its move to enter high-end sushi restaurant market.

M&A

Lifebrandz to acquire Ramen Champion for $4 mil

SINGAPORE (Mar 12): Lifebrandz is acquiring F&B operator Ramen Champion and its business.

M&A

LifeBrandz to diversify into travel and fintech, acquires e-Holidays

SINGAPORE (August 3): LifeBrandz, the lifestyle and entertainment brand development and management company, now wants to diversify into the travel sector as well as provide fintech and fund management services.

Lifebrandz to continue search for new business after terminating acquisition

SINGAPORE (Feb 27): Lifebrandz says it will continue to explore, to source and discuss on new business transaction ventures with potential parties upon the termination of the proposed acquisition of Natural Essence Group.

Market Close

STI closes 1% higher at 2,885.71

SINGAPORE (Sept 29): Singapore stocks ended Thursday higher in line with most of its regional peers, thanks to a 5% jump in oil to around US$47 per barrel.
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