<div class=newsTextDataWrapInner><p>SINGAPORE (March 14): Instant beverage maker Viz Branz, which was privatised from less than four years ago, plans to relist again.</p></div>

<div class=newsTextDataWrapInner><p>The manufacturer and distributor of instant cereal and coffee under brands such as Gold Roast, Prime Roast, has lodged its preliminary prospectus earlier on Tuesday.</p></div>

<div class=newsTextDataWrapInner><p>The company was first listed back in 2002, but following differences between its two key shareholders, one of them, Ben Chng, privatised the company for S$121.3 million in September 2013.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>For the three months ended Dec 31 2016, the company generated earnings of S$12.6 million, on revenue of S$45.3 million. In the year earlier quarter, earnings came in at S$7.1 million, on revenue of S$48.5 million.</p></div>

<div class=newsTextDataWrapInner><p>The company is in talks to set up a joint venture in Myanmar and will be using part of the proceeds to fund this venture which includes a new production line. It is also aiming to deepen its market presence in China.</p></div>

<div class=newsTextDataWrapInner><p>The company also plans to use S$100 million proceeds from the listing to pare down debt owed to Maybank’s Singapore branch.</p></div>

<div class=newsTextDataWrapInner><p>Viz Branz has an existing S$250 million term loan facility and a S$10 million revolving credit facility with the bank.</p></div>

<div class=newsTextDataWrapInner><p>This listing is jointly arranged by Maybank Kim Eng Securities and Credit Suisse (Singapore).</p></div>


SINGAPORE (March 14): Instant beverage maker Viz Branz, which was privatised from less than four years ago, plans to relist again.

The manufacturer and distributor of instant cereal and coffee under brands such as Gold Roast, Prime Roast, has lodged its preliminary prospectus earlier on...

Viz Branz relisting to pare down debt and fund Myanmar, China expansion

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<p>(Nov 18) Most Asian stocks are set to fall early Monday as traders rein in expectations of Federal Reserve easing and come to terms with the cost of President-elect Donald Trump’s proposed fiscal and trade policies.</p>

<p>Equity futures in Australia, Japan and mainland China point to losses, ...

<p>North Korea may deploy as many as 100,000 troops to aid Russia’s war on Ukraine if the alliance between Pyongyang and Moscow continues to deepen, according to people familiar with assessments made by some Group of 20 nations.</p>


<p>The South Korean won, the second-worst performing currency in Asia this year, looks poised to weaken further as Donald Trump’s tariff threat clouds the export-reliant country’s economic outlook.</p>

<p>The won dropped to 1,410.70 per dollar last week, the lowest since November 2022, amid fears...

<p>Australia will mandate businesses selling essential items such as groceries and fuel to accept cash payments, joining countries from Spain to Denmark amid the growth in more preferable digital payment methods.</p>


<p>President Joe Biden's administration has lifted restrictions that had blocked Ukraine from using U.S.-provided weapons to strike deep into Russian territory, said three sources familiar with the matter, in a significant change to U.S. policy in the Ukraine-Russia conflict.</p>


<p>As stewards of our planet, Sime Darby Property embraces the responsibility to ensure a sustainable future.</p>


<p>Energy transition initiatives have been focused mostly on carbon-intensive industries to manage emissions. However, there is significant potential in unused areas and spaces. One such area that has flown under the radar is the education sector.</p>


<p>Philip Morris International (PMI) is a well-known tobacco company with a long history. Established in 1847 in London, the company has achieved international success over the decades, with its products widely sold around the world. However, in 2016, the company made a significant decision and announced its vision of a smoke-free future.</p>


<p>The accountancy profession is facing a worrying significant talent shortage worldwide. In the US, a decline in college enrolment (The CPA Journal in 2022 reported a 4.7% decrease), and compounded by high attrition rates (The Wall Street Journal in 2022 reported a 17% decline in registered certified public accountants or CPAs), has led to a dwindling pool of qualified accountants and auditors.</p>
