Mar 05, 2021 08:16 AM (GMT+8) · EqualOcean
Dingxin International Group is considering the initial public offering (IPO) of its mainland catering business in Hong Kong. The relevant person in charge of Dingxin international group responded that "there is such a plan, but there is no specific progress at present", confirming that Dingxin catering business has IPO plan. According to people familiar with the matter, the Taiwan funded company's mainland catering businesses that may be listed in Hong Kong include fried chicken chain restaurant Dexter and Master Kong's private beef noodles. The IPO may raise about US $800 million (about RMB 5.169 billion). The news also said that the review is still at an early stage, it may be decided not to IPO.

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