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Would you pay $1m for a recipe? This Maxwell hawker is looking for a successor - Vimarsana News

Would you pay $1m for a recipe? This Maxwell hawker is looking for a successor

February 24, 2021 Instagram/darth_yvonne_, mynosh.sg How much is decades of cooking experience worth? This hawker feels that a million dollars is the right price for his 80-year-old brand and recipe. Frequent diners of the bustling Maxwell Food Centre may have chanced upon the famous ngoh hiang from China Street Fritters. The stall is helmed by 64-year-old Huang Guo Hua, who inherited the business from his father some 20 years ago. With the help of his wife and brothers, Huang has tirelessly churned out plates of freshly fried traditional ngoh hiang fritters for years. However, everyone needs...

Aztech Global files draft IPO prospectus, 17 cornerstone investors named - Vimarsana News

Aztech Global files draft IPO prospectus, 17 cornerstone investors named

SINGAPORE (Feb 24): Aztech Group, which was privatised back in 2017 by executive chairman Michael Mun, plans to list its technology unit Aztech Global. The company has on Feb 24 filed its preliminary prospectus with the Monetary Authority of Singapore to list on the Singapore Exchange’s mainboard. Prior to its delisting back then, the Aztech Group, which was known for making PCs and peripherals, ventured into a mixed bag of

From Food Junction To Kok Kee: Here's A List Of 6 Million-Dollar F&B Acquisitions In S'pore - Vimarsana News

From Food Junction To Kok Kee: Here's A List Of 6 Million-Dollar F&B Acquisitions In S'pore

From Food Junction To Kok Kee: Here’s A List Of 6 Million-Dollar F&B Acquisitions In S’pore Zafirah Salim © Provided by Vulcan Post From Food Junction To Kok Kee: Here's A List Of 6 Million-Dollar F&B Acquisitions In S'pore Over the years, it seems like larger F&B players are buying over smaller operators in a bid to achieve critical mass, strengthen their competitiveness and eventually scale up their business. On the consumers’ end, many are worried that such consolidations will lead to price increases and a possible drop in food quality. While this may be true, th...

Source: msn.com
Kay Lee, trendsetter of hawkers selling recipes, now down to original store - Vimarsana News

Kay Lee, trendsetter of hawkers selling recipes, now down to original store

December 10, 2020 The Straits Times file Kay Lee Roast Meat Joint has been long known for their roasted meats — fatty char siew, crispy roast pork and roast duck. However, that was not why they made the headlines in 2012. Instead, it was because the original owners, Ha Wai Kay and Betty Kong, wanted to sell their recipe and premises for $3.5 million.  They made the front pages again in 2014, this time because they managed to find a buyer and sold their business for $4 million to electronics firm Aztech Group, whose chairman took just 10 minutes to seal the deal. At the point of the deal, ...