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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 tax a
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SGX Bull Charge Giveaway Results

I refer to my earlier post on the SGX Bull Charge Giveaway Contest that was conducted over my Facebook Page which ended 8 August 2017.

Interested participants must click "Like" on the post below to participate in the draw. 

I had wanted to give a higher weightage to "fans who shared" the post and there was 27 of you but unfortunately Facebook doesn't show me all the names, as such, i wasn't able to do that fairly. As a result, all participants stood an equal chance of being allotted.

71 of you managed to do that by the deadline but one of you only clicked "like" on 9 Aug and thus was not entered into the contest. sorry! ðŸ˜‚

I then keyed in all the 71 names into my project set up in Random Picker as follows:

and the 12 winners of SGX Bull Charge are ....🎶🎶🎶🎼 (drum-roll)....


The above draw was conducted publicly. Hence, if you are one of the 71 participants, you can easily key in your name here to verify that you have been included in the draw. 

Thank you for your participation! I hoped you have enjoyed the contest ðŸ˜€

Can the above 12 winners please "private message" or email your full name and email  to me by end of this week... I will then compile and send them to SGX who will then email you the registration link directly as they will need to collect other information such as your date of birth, contact numbers etc.

Last but not least... Happy Birthday Singapore!!! 

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