01 Jul 2020

Koufu Group Limited’s acquisition of Deli Asia (S) Pte. Ltd., DeliSnacks Pte. Ltd., Dough Culture Pte. Ltd. and Dough Heritage Pte. Ltd.

Partner Hoon Chi Tern from Rajah & Tann Singapore acted for Koufu Pte Ltd, a wholly-owned subsidiary of Koufu Group Limited ("Koufu") in the S$22 million acquisition of the entire issued and paid-up ordinary shares in the capital of Deli Asia (S) Pte. Ltd., DeliSnacks Pte. Ltd., Dough Culture Pte. Ltd. and Dough Heritage Pte. Ltd. The acquisition is Koufu's first acquisition since its initial public offering.