02108 K2 F&B
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K2 F&B News
K2 F&B Holdings Delays Circular on Major Property Sale
K2 F&B Names Assistant CEO; Shares Jump 6%
K2 F&B Holdings Elevates Ivan Chu to Executive Role
K2 F&B Holdings Updates Board Structure and Roles
K2F&B (02108.HK): Zhu Bocong will be transferred from a non-executive director to an executive director and assistant chief executive officer.
Great Wisdom announced on October 15th that Zhu Bocong will be transferred from a non-executive director to an executive director and Assistant CEO, effective from October 15, 2024. He will be responsible for managing the daily operation of the Food Center, promoting property management plans, supervising mergers and acquisitions, and ensuring alignment with the Group's budget and long-term strategic goals.
K2F&B (02108.HK) has completed the purchase of shares of NEW CHANCE PROPERTIES PTE LTD.
K2F&B (02108.HK) announced on October 14th that on April 3, 2024, the buyer U PROPERTY HOLDINGS PTE LTD (the company's indirect wholly-owned subsidiary) and the seller SECOND CHANCE PROPERTIES LTD entered into a letter of intent regarding the acquisition. On May 10, 2024, the buyer and seller entered into a share purchase agreement. According to the share purchase agreement, the seller agrees to sell and the buyer agrees to purchase the target company NEW CHANCE PROPERTIES.
K2 F&B's Subsidiary to Sell Company's Old Headquarter Space for SG$2 Million, Shares Up 3%
K2 F&B: INTERIM REPORT 2024
K2 F&B Holdings Completes Property Sale
K2F&B (02108.HK) completes the sale of Singapore property.
Grantham 11th September | K2F&B (02108.HK) announced that the board of directors happily announced that all preconditions under the options agreement have been met, and the sale has been completed on 11th September 2024 in accordance with the terms and conditions of the options agreement. At completion, the buyer has paid the remaining consideration to the seller (i.e. 5.36 million Singapore dollars) along with the goods and services tax at the time (i.e. 0.792 million Singapore dollars).
K2 F&B: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 JUNE 2024
K2 F&B Holdings Reports Decreased Losses, Cautions Investors
K2 F&B: PROFIT WARNINGSUPPLEMENTAL ANNOUNCEMENT
K2 F&B Holdings Expects Narrower Loss in H1
K2 F&B (02108.HK) expects its mid-term comprehensive loss to narrow to approximately 0.2 million Singapore dollars.
K2 F&B (02108.HK) is expected to report a consolidated loss of approximately 0.2 million Singapore dollars for the six months ended June 30, 2024, while the consolidated loss for the same period last year was approximately 0.6 million Singapore dollars, mainly due to the increase in bank loan interest rates and operating costs.
K2 F&B Holdings Forecasts Reduced Mid-Year Loss
K2 F&B (02108) issued a profit warning, expecting the mid-term shareholder's net loss to narrow to about 0.2 million Singapore dollars year-on-year.
K2 F&B (02108) issued an announcement, and the group is expected to end on June 30, 2024.
K2 F&B: PROFIT WARNING
K2 F&B Holdings Schedules Critical Board Meeting
K2F&B (02108.HK) will hold a board of directors meeting on August 30 to approve the mid-term performance.
K2F&B (02108.HK) announced on August 20th that the company will hold a board of directors meeting on August 30th, 2024 to approve the mid-term performance of the company and its subsidiaries for the six months ending on June 30th, 2024, and consider declaring a mid-term dividend (if any).
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