The Group is a concept owner and operator of F&B Outlets in Singapore and Malaysia that provides customers with authentic Japanese cuisine and dining experiences, via (a) 39 Full-Service Restaurants, and (b) 38 Quick-Service Restaurants, Food Kiosks, Japanese Bakery and Food Retail Outlets. The Group also supply Japanese food products which it manufactures to third-party businesses in Singapore.
No fixed dividend policy, but intends to distribute dividends of at least 35.0% of PATMI in each of FY2018 and FY2019.
Source: Bloomberg, IPO Prospectus
Established in 1988, RE&S Holdings Limited (RE&S) is a concept owner and operator of 77 F&B Outlets in Singapore and Malaysia that provides customers with authentic Japanese cuisine and dining experiences.
The company has a diversified portfolio of 20 unique and distinct brands under its two key business segments: (a) Full-Service Restaurants; and (b) Quick-Service Restaurants, Convenience and Others.
The Group also has a central kitchen (aggregate floor area of approximately 41,570 sqft) to:
It has a procurement office in Japan, RE&S Japan, which also exports seafood products to various countries in the Asian region, such as the Macau Special Administrative Region.
1. Full-Service Restaurants Segment (74.4% of FY2017 Revenue)
2. Quick-Service Restaurants, Convenience and Others segment (25.6% of FY2017 Revenue)
Figure 2: Overview of F&B Brands and Outlets
Download the full report to read further on the investment merits and SWOT Analysis.