There goes another company going private. On 29 Dec 2021, the founding shareholders have proposed to privatise Koufu at S$0.77 per share in cash. The company now joins a list of companies that have gone private or are in the process of doing so in recent months, including property developer SingHaiyi Group, Property and hospitality group Roxy-Pacific, and Singapore Press Holdings. Are you a Koufu shareholder? Join in the discussion at our Facebook Group too. Koufu’s Business Koufu is one of Singapore’s largest food court and coffee shop operators and managers. As of 30 June 2021, the Group’s outlets and mall management operations in Singapore included 52 food courts, 17 coffee shops, and a commercial mall, while the F&B retail division included 74 self-operated F&B stalls, 43 F&B kiosks, 6 QSRs, 4 full-service restaurants, and 57 Delisnacks branded F&B stalls. In addition, the company has operations in Macau, Indonesia, and the Philippines. However, this represents only a tiny portion of total revenues....