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Wu Pao Chun
Deals, joint ventures & alliances
BreadTalk launches Singapore's first Wu Pao Chun Bakery
SINGAPORE (June 17): BreadTalk announced that Wu Pao Chun has launched its first bakery in Capitol Singapore on June 14.
June 17, 2019
Broker's Calls
BreadTalk seen less appetising after a weak 3Q; RHB slashes earnings estimates
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
November 07, 2018
BreadTalk partners Wu Pao Chun for expansion into Singapore and Hong Kong
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.
September 10, 2018
Broker's Calls
BreadTalk gets too pricey for RHB's taste; FY18 earnings projected to decline
SINGAPORE (Aug 3): RHB Research is downgrading its call on BreadTalk to “sell” from “neutral” with a lower target price of $1 compared to $1.04 previously, as the research house expects FY18F earnings to decline on rising overhead costs and weaker
August 03, 2018
Broker's Calls
Take profit on BreadTalk before rising capex & start-up costs set in, advises RHB
SINGAPORE (Mar 19): RHB advises investors to sell BreadTalk and take profit given its current share price is approaching the target of $2.
March 19, 2018
BreadTalk partners Wu Pao Chun Bakery to expand into 4 major China cities
SINGAPORE (Mar 12): BreadTalk announced that its wholly-owned subsidiary, Shanghai Star Food F&B Management has entered into a joint venture agreement with Taiwanese bakery brand, Wu Pao Chun Food (WPC), to operate the Wu Pao Chun brand of bakeries in Bei
March 12, 2018