IPO cooking for Fu Ji Food

Shanghai''s largest catering firm prepares to list in Hong Kong.

Shanghai-based Fu Ji Food and Catering Services, the Shanghai region's largest domestic catering services provider is hoping to raise up to HK$275 million $35.2 million from a Hong Kong IPO scheduled to price on December 10.

The CAF Securities and SBI E2 Capital-led deal comprises 100 million new shares and is being marketed on a 2005 PE ratio of 8.2 times and 10 times earnings fully diluted.

The main...

To continue reading, please login or register for free

Click for more on: ipo | cooking | fu | ji | food

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...