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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ANy upcoming IPO?
ipo 先生。其实您才是真正双语人才。 其他的双语人士大多是不中不西。
To communicate effectively with the mainland Chinese, you must be able to express and resonate their culture. This can only come about when one embraces their culture and literature.
Our channel 8 TV is one of the most effective tool in destroying our Chinese culture and literature...
Btw I was indeed pleasantly surprised by Sir's profound mastery of the Chinese Language, even much better than most stock analyst on 958 haha