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26-05-2015, 06:00 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
Phoon Huat & Co., the Singapore company that’s been selling baking ingredients such as pie fillings and confectioners’ sugar since 1947, is seeking a buyer, people with knowledge of the matter said.
The company has sent out preliminary information to potential bidders and asked for first-round bids next month, according to the people. The Wong family that controls Phoon Huat is seeking about S$250 million ($185 million) from the sale, which includes the company’s real estate, one of the people said, asking not to be identified as the information is private.
http://www.bloomberg.com/news/articl...t-sale-process (http://www.bloomberg.com/news/articles/2015-05-26/singapore-cupcake-makers-supply-shop-said-to-start-sale-process)
http://www.phoonhuat.com/wbn/slot/u443/logo2.png
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?207481-Baking-Ingredients-Supplier-Phoon-Huat-is-for-sale&goto=newpost).
Phoon Huat & Co., the Singapore company that’s been selling baking ingredients such as pie fillings and confectioners’ sugar since 1947, is seeking a buyer, people with knowledge of the matter said.
The company has sent out preliminary information to potential bidders and asked for first-round bids next month, according to the people. The Wong family that controls Phoon Huat is seeking about S$250 million ($185 million) from the sale, which includes the company’s real estate, one of the people said, asking not to be identified as the information is private.
http://www.bloomberg.com/news/articl...t-sale-process (http://www.bloomberg.com/news/articles/2015-05-26/singapore-cupcake-makers-supply-shop-said-to-start-sale-process)
http://www.phoonhuat.com/wbn/slot/u443/logo2.png
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?207481-Baking-Ingredients-Supplier-Phoon-Huat-is-for-sale&goto=newpost).