, Singapore

Kimly acquires SG$55.8m worth of food outlet properties

It consists of four new coffee shops, three industrial canteens and a restaurant unit.

Kimly Limited, through its subsidiary Jin Wei, has acquired new food outlet properties for a combined price of S$55.8 million (US$ 39.9m).

The food and beverage operator has added four new coffee shops, three industrial canteens and one restaurant unit to its brand portfolio.

Singapore-based Kimly runs a network of 72 food outlets and 135 food stalls selling teochew porridge and dimsum amongst others. It also operates the Japanese restaurant brand Tonkichi.

Photo Credit: Kimly Coffeeshop Facebook

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