BreadTalk Group to unlock value with property divestments?
BreadTalk Group is a home-grown SGX stock which I have always admired because of its strong brand name and high-quality bakeries. When its founder, George Quek launched the first store in 2000, nobody could have predicted that he would go on to grow the BreadTalk chain store to such extent that it got listed in Singapore Exchange in 2003. Within three years, BreadTalk had become a force to be reckoned with in Singapore market and George had certainly wasted no time in exporting the brand overseas.
Today, BreadTalk operates close to 1,000 outlets across Singapore, Mainland China, Hong Kong, Taiwan, Malaysia, Indonesia and Thailand. Supported by a global staff strength of 7,000, the stable of brands include BreadTalk, Toast Box, Food Republic and the operating rights to Din Tai Fung restaurants from Taiwan. These are all household names and together, they helped to reinforce BreadTalk business at the global stage.
But behind the scene, George Quek had quietly built up an impressive portfolio of investment portfolio. Over the years, the divestment of these properties had generated a slew of dividends for loyal investors.
For example, in Q1FY16, the management [This is a premium article. The rest of the content is blocked and can be accessible by SG Wealth Builder Members only. To read the full content, please sign up as member.]
Not a member yet? You may sign up to become a member of SG Wealth Builder. The full benefits and privileges of SG Wealth Builder Membership:
- Access to the latest premium articles of SG Wealth Builder
- Email notifications of latest blog articles
- Participate in SG Wealth Builder campaigns
- Request for coverage on stocks, insurance and other personal financial topics
- Comment in articles and Wealth Forum
- Future network opportunities
SG Wealth Builder Membership
You may sign up for the SG Wealth Builder Membership for only $15 per month. As a member, you can access all the articles, including the premium ones.
Note: After payment is made, you will be prompted with registration form to create your user-id and personal password.
[wlm_paypalps_btn name=”SG Wealth Builder (Annual renewal)” sku=”7BB4D00C52″ btn=”pp_pay:l”]
3 thoughts on “BreadTalk Group to unlock value with property divestments?”
Hi Gerald, any update on this counter?
Let me craft an article on BreadTalk. Thanks for the feedback.
No hurry. Maybe wait for the release of the half-year report in a couple of days.