137 Followers SGX:VL6 - Koufu (SGD 0.705) KOUFU GROUP LIMITED
Sector: Consumer Services, Industry: Restaurants
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DBS upgrades Koufu to 'buy' on expected rise in food court footfall

16 Jun 2020 - The Business Times
Singapore DBS Group Research, in a note on Monday, upgraded its rating on Koufu Group to "buy" from "hold" and raised its target price to 75 Singapore cents from 68 cents amid expectations of higher footfall at its food courts, as dining in becomes permitted once more during the upcoming... To continue ...
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Singapore shares fall at Thursday's open after Fed announcement; STI down 1.1%

11 Jun 2020 - The Business Times
SINGAPORE stocks opened lower on Thursday after the US Federal Reserve confirmed that it will keep the benchmark interest rate at zero until recovery is underway. The benchmark Straits Times Index (STI) fell 1.1 per cent or 31.13 points to 2,796.44 as at 9.07am. Losers outnumbered gainers 117 to 55, ...
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ComfortDelGro unit Moove Media to pilot ‘table shields' at local food court

11 Jun 2020 - Singapore Business Review
Currently they are trialing these shields in ComfortDelGro taxis. Moove Media, the advertising arm of ComfortDelGro, will sponsor acrylic shields in Koufu’s Thomson Plaza food court on a trial basis, a press release confirmed. The trial will start when the Phase 2 reopening begins. The shields are made ...
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Singapore shares open higher ahead of fourth budget; STI up 0.9%

26 May 2020 - The Business Times
SINGAPORE shares started the work week higher ahead of an announcement of Singapore's fourth Covid-19 support package on Tuesday. The Singapore market advanced despite the Ministry of Trade and Industry on Tuesday morning projecting gross domestic product to shrink by between 7 per cent and 4 per cent ...
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Stocks to watch: ComfortDelGro, Koufu, DBS, Lian Beng, SLB, Geo Energy

26 May 2020 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Tuesday: ComfortDelGro Corporation: The transport giant's net profit fell 48.9 per cent on year to S$36 million for the first quarter ended March 31, hit by weak ridership amid Covid-19-induced lockdowns in the ...
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Stocks to watch: UOB, Great Eastern, Singtel, OUE C-Reit, Koufu, Banyan Tree, HC Surgical

6 May 2020 - The Business Times
THE following companies saw new developments that may affect trading of their shares on Wednesday: United Overseas Bank (UOB): The lender on Wednesday posted a smaller-than-expected 19 per cent drop in first-quarter net profit to S$855 million for the three months to March 31, from S$1.05 billion a year ...
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Singapore stocks decline on sustained virus jitters; STI opens 1.3% lower

10 Feb 2020 - The Business Times
SINGAPORE shares tumbled at the start of the week, as investors remained cautious with the spread of the novel coronavirus showing little sign of abating. The benchmark Straits Times Index slipped 41.54 points, or 1.31 per cent to 3,139.94 as at 9am on Monday. Decliners outnumbered advancers 125 to 35, ...
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Stocks to watch: Sembcorp, Olam, SIA Engg, Frasers Prop, Micro-Mechanics, Koufu

10 Feb 2020 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Monday: Sembcorp Industries (SCI): The conglomerate has concluded multi-million-dollar legal proceedings over its pollution offences in China. SCI stated in a regulatory filing to Singapore Exchange on Friday ...
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Hospitality & tourism to slow down amidst Coronavirus outbreak

27 Jan 2020 - Singapore Business Review
Singapore hotels’ performance will likely imitate the 42% fall in daily average rate during the SARS outbreak. Singapore hotels’ average occupancy rates (AOR), and average daily rates (ADR) are sighted to plunge should the SARS-like outbreak develop further, according to a report by DBS equity research. ...
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Top ten agriculture and F&B stocks averaged total return of 13% in 2019

16 Jan 2020 - Singapore Business Review
ThaiBev led the ten with a 49% total return. The ten best performing agriculture and F&B stocks by average daily turnover saw an average total return of 13% in 2019 with a total return of 17%, according to an SGX report. These stocks are said to have outpaced regional and global peers. Thai Beverage ...
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