DFI Retail's Shares Climb After Selling Singapore Food Business
Asian retailer DFI Retail Group's shares climbed after it said it will sell its Singapore food business to Southeast Asian retail group Macrovalue. Its Singapore food business includes supermarkets ...
DFI Retail Group Sells its Singapore Cold Storage and Giant Stores: What’s Next for the Pan-Asian Retailer?
The sale proceeds could be reinvested or paid out as a special dividend. The post DFI Retail Group Sells its Singapore Cold ...
DFI Retail Group's Strategic Sale of Singapore Food Business: A 6.2% Surge in Shares
On March 24, the DFI Retail Group confirmed that it would sell its food business in Singapore for an initial sum of S$125 million, subject to adjustments. The transaction encompasses the full ...
Understanding DFI’s S$125 Million Divestment of Singapore Food Business: Market Reactions and Future Implications
In a surprising turn of events, DFI Retail Group announced a significant divestment of its Singapore food business for S$125 million, a transaction that stirred investor reactions despite the ...
The Business Times5d
DFI Retail Group sells Singapore food business, including Cold Storage and Giant, for S$125 million to Macrovalue
SINGAPORE] Supermarket and retail store operator DFI Retail Group on Monday (Mar 24) announced the divestment of its ...
The Business Times5d
Jardine’s DFI says S$125 million sale of Singapore food business not price-sensitive, but investors disagree
SINGAPORE] Supermarket and retail store operator DFI Retail Group on Monday (Mar 24) explained why it did not announce the ...
Planning a trip to Singapore? From Biryani to Teh Tarik, here’s the ultimate Indian foodie guide
For lunch, head to Samy’s at Dempsey Hill, a legendary spot known for its rich, aromatic South Indian flavours. Other gems nearby include Mr. Bucket Chocolaterie for sweet treats, Dempsey Cookhouse ...
CNA1d
Why did this Malaysian supermarket mogul buy Singapore’s Cold Storage, Giant stores? Climate is key factor
Macrovalue co-founder Andrew Lim, who has been lurking in the shadows of Malaysia’s retail sector, has turned into a serious player in the brutal low-margin supermarket business with a cross-Causeway ...
brandequity.economictimes.indiatimes3d
Singapore's Temasek seeks CCI nod to acquire 10 pc stake in Haldiram
the relevant markets may be considered as the broader market for the manufacturing and the sale of packaged food products in India, they added. Additionally, narrower markets may be identified ...
FMCG Stock Hits 5% Upper Circuit On Surpassing $100,000 Major Sales Milestone In Singapore
Krishivals premium line of nuts, Nuts, has maintained strong sales numbers in Singapore, generating over $100,000 USD in ...
The Edge Singapore2d
Brokers’ Digest: Food Empire Holdings, CNMC, AA REIT, Hong Leong Asia, Sats, First Resources, ISOTeam
Food Empire has had to bear higher costs and ongoing geopolitical tension in some of its key markets. Nonetheless, the company is enjoying stronger demand for its ready-mix coffee, which has helped ...