Business · Singapore Bureau
Kimly pursues mainboard listing to fuel M&A and business expansion
The Singapore-based food and beverage operator is seeking a mainboard listing on the Singapore Exchange to raise capital for acquisitions and diversification. The move is part of the company's strategy to expand into emerging growth segments including the halal food sector.
LSN Singapore ·
Kimly Limited has announced plans to list on the Singapore Exchange's mainboard, signalling an acceleration of its growth ambitions across Southeast Asia's food and beverage sector. The listing is intended to provide the capital necessary to support an active acquisition strategy and broaden the company's portfolio beyond its current operations.
As part of its expansion roadmap, Kimly plans to pursue strategic acquisitions that will enable it to enter new market segments and geographic areas. The company has identified the halal food market as a key growth opportunity, reflecting the significant consumer demand across Muslim-majority populations in the region.
The mainboard listing would also facilitate the company's diversification efforts, allowing it to explore complementary business lines and strengthen its competitive position in the wider F&B landscape. By accessing capital markets, Kimly aims to position itself as a more substantial regional player capable of competing with larger, established operators.
The listing represents a significant milestone for the company and reflects growing investor confidence in Southeast Asia's food services industry, which continues to experience robust demand driven by urbanization, rising disposable incomes, and changing consumer preferences.