Lim Hee Liat

Company in the news

Kimly cans plan to engage former chairman and executive director as "independent consultants"

Kimly has engaged Willis Towers Watsons Consulting (Singapore) to help gauge the hourly rates to be paid.

Company in the news

Kimly's former executive chairman and executive director plead guilty to charges

Lim and Chia have both resigned as directors of Kimly on Nov 11, 2021.

M&A

Kimly acquires Teck Whye coffeeshop for $14 mil amid ongoing investigations

SINGAPORE (Sept 24): Catalist-traded Kimly is acquiring its very first coffeeshop in Singapore for $14 million.

Management & Corporate Governance

Kimly seeking AGM re-election of executive chairman under probe

SINGAPORE (Jan 14): Kimly, the coffeeshop operator, is seeking the re-election of its executive chairman Lim Hee Liat (main image) who is under investigation, at an annual general meeting (AGM) to be held on Jan 30.

Management & Corporate Governance

Kimly says daily operations not affected by arrests of chairman, executive director

SINGAPORE (Dec 18): Coffeeshop chain Kimly says Tuesday that the group’s daily operation have not been affected by “recent events” involving executive chairman Lim Hee Liat and executive director Chia Cher Khiang.

Management & Corporate Governance

Kimly chairman Lim and executive director Chia arrested, out on bail

SINGAPORE (Dec 5): Coffeeshop chain Kimly’s executive chairman Lim Hee Liat (right) and executive director Chia Cher Khiang (left) were arrested by the Commercial Affairs Department on Dec 4, but are now out on bail.

Broker's Calls

Coffeeshop operator Kimly looks attractive, but here’s why KGI is not biting

SINGAPORE (March 13): Coffeeshop operator Kimly might look attractive based on relative valuation, but lacks any compelling, sustainable competitive advantage, says KGI Securities in an unrated report on Monday.

In print this week

What’s cooking at Kimly?

SINGAPORE (March 10): Lim Hee Liat, the founder of coffeeshop operator Kimly Group, was a regular “kopi kid” whose life revolved round coffeeshops.
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