I think retail investors are not a stranger to this company. This is a company that owns several chains of restaurants across the island that serves the famous Chilli Crab that become one of the iconic trademark of Singapore food to the tourists. What many doesn't know is that the group also owns several chains of other eateries such as Jpot, Ng Ah Sio Bah Kut The and Chui Huay Lim Teochew. Personally, I live in the are that is located near the latter two so I have tasted them and are very impressed with the food, though publicity wise they are not as popular.
When I first read that the company was going for an IPO, I was very sceptical about the sustainability of the F&B industries to survive because everyone knows that the barriers to entry is low and running costs can get difficult to operate in a place like Singapore. Simply put, ......