Rive Gauche Patisserie

Purchase consideration for confectionary business 'fair', CGS-CIMB maintains 'hold' on Kimly  - THE EDGE SINGAPORE

Broker's Calls

Purchase consideration for confectionary business 'fair', CGS-CIMB maintains 'hold' on Kimly

The analysts believe the disposal is largely due to a lack of realisable synergies with Kimly’s core coffee shop operations.
Kimly acquires 75% stake in Tenderfresh business for $54 mil - THE EDGE SINGAPORE

M&A

Kimly acquires 75% stake in Tenderfresh business for $54 mil

The purchase consideration will be satisfied by cash and the issuance of new shares in Kimly.
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