Katrina Group Ltd ("Katrina" or the "Company") is placing out 35.8m placement shares at $0.21 each for a listing on Catalist. The IPO will close on 22 July 2016 at 12pm. The market cap is around S$48.6m based on the IPO price.
Katrina is an operator of restaurants and cafes under different F&B Brands and concepts. The portfolio of names under Katrina are listed below
It has a portfolio of 34 restaurants.
Financial Highlights
Based on the enlarged share cap and assuming service agreement is in place, the EPS will be 1.51 cents. This translate into a historical PER of around 13.9x.
Dividends
The Company intends to not less than 60% of net profits to shareholders for FY2016 as dividends. Assuming EPS remained at 1.51 cents, that will translate into yield of 4.3%
Use of Proceeds
The Company intends to use the ...
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