Singapore karaoke operator Goodwill Entertainment launches Catalist IPO

Quick Summary:

However, the company will not receive the proceeds from the sale of the vendor shares, which were sold by Mengkim, a controlling shareholder of the company.

The company seeks to raise $12 million in gross proceeds from the sale of the new and vendor shares, and net proceeds of $9.8 million.

Goodwill Entertainment operates several entertainment venues including dance halls and family-friendly karaoke lounges.

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Article Details

Category: EconomyBusiness

Markets: SingaporeJapanMalaysia

Topics: Entertainment Goodwill Proceeds Operates Karaoke Food Shares Million Singapore Company Outlets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 17:00:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 851 words

Reading Time: 5 minutes read

Sentences: 35 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 23362770

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