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Food Innovators Holding Limited

Food Innovators Holdings Limited ("FIH" or the "Company") is offering 14m shares at $0.22 each, for which 13m shares will be through placement and the remaining 1m shares via a Public Offer. The IPO will close on 14 Nov at 12 noon and starts trading on 16 Oct 9am.  FIH has two business models - the first is to be a master lease and sublease the space to other tenants and the second is to operate and manage restaurants.  The Company currently has 12 restaurants in Japan, 10 in Singapore and 4 in Malaysia. The market cap based on the IPO price is around $24.9m. Financial Highlights FIH's revenue grew from $37.8m in FY2022 to $43.8m in FY2024. It is quite funny to see that being a master land lease holder has a higher margin than operating the restaurants, once again illustrating the point that it is better to be a landlord to shake leg and collect rent. According to the prospectus, the PER is around 19x. The Company intends to pay 20% of its net profit after ...
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New Blog Designs

Dear IPO blog readers,


Just wanted to drop a note to tell you that i have 'revamped' both my blogs 


Singapore IPO blog will remain dedicated to the Singapore IPO market while i am now more actively updating my personal blog on financial freedom. 


Do drop by my blogs to take a look. If you are a blog owner and would like to do a link exchange to either of the blogs, just drop me a email (slower response) or directly into the comments and i will do the necessary linkage.


Happy investing and trading. I will share more on the topic on what i think is the fastest way of reaching financial freedom in my personal blog in the coming weeks. :) 
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