Kimly Limited

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Kimly Limited (“Kimly” or the “Company”) is offering 173.8m shares at $0.25 each for which 170m shares is via placement and 3.8m shares via a public offering for a listing on Catalist. The offer will close on 16 March 2017 at 12pm and trading will start on 20 March 2017. The market cap based on the IPO price is S$288.7m.

Principal Activities

Kimly is the largest traditional coffee shop operator in Singapore. It operates and manages coffee shops under the “Kimly” brand and food courts under the “foodclique” brand. It has 64 food outlets of which 56 are coffee shops, 3 industrial canteens and 5 food courts in tertiary institutions. The 64 food outlets are currently running at 98% occupancy rate. In addition to running coffee shops and food courts, the Company also operate 121 food stalls including 36 “mixed vegetable” rice stalls and 43 dim …

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