13 Nov 2015
Initial Public Offering and Listing of Shares of Jumbo Group Limited
Howard Cheam, Teo Yi Jing and Koh Choon Yee from from the Capital Markets / Mergers & Acquisitions Practice Group acted for United Overseas Bank Limited, the Sponsor and Issue Manager, Joint Underwriter and Joint Placement Agent in relation to the initial public offering and listing of shares of Jumbo Group Limited on the Catalist Board of the Singapore Exchange Securities Trading Limited. Jumbo Group Limited was successfully listed on the Catalist on 9 November 2015.
Jumbo Group Limited is one of Singapore’s leading multi-dining concept food & beverage (“F&B”) establishments. Fulfilling its philosophy of “Bonding People Through Food”, Jumbo has a total of 14 F&B outlets in Singapore and two (2) F&B outlets in the PRC, under five (5) restaurant brands - Jumbo Seafood, JPOT, Ng Ah Sio Bak Kut Teh, Chui Huay Lim Teochew Cuisine and J Café. It also manages one (1) Singapore Seafood Republic outlet and one (1) Yoshimaru Ramen Bar outlet in Singapore that are effectively owned by its associated companies. Further, it also holds investment in one (1), and is paid licensing fees in relation to four (4), Singapore Seafood Republic outlets located in Japan, through its associated company. Jumbo also provides catering services for customers in Singapore, and sells packaged sauces and spice mixes for selected signature dishes through its outlets and online via the Jumbo eShop.