Forvis Mazars assists Food Innovators Holdings Limited in its successful IPO

Forvis Mazars is proud to have assisted Food Innovators Holdings Limited (FIH) in its successful Initial Public Offering (IPO) listing on the Catalist board of the Singapore Exchange (SGX) on 16 October 2024.

Food Innovators Holdings, a Japanese Food & Beverage (F&B) operator incorporated in 2019, specialising in restaurant leasing and subleasing. The group focuses on matching properties and tenants in the restaurant business in Japan, and is also involved in the food retail business.

Of the 14 million shares issued, 13 million were designated as private placement shares, while the remaining one million were made available to the public, attracting a 6.3 times oversubscription.

The company officially begins trading on the Catalist board of the Singapore Exchange on 16 October 2024.

Forvis Mazars is honoured to have facilitated this watershed moment as their reporting accountant. The engagement was led by the following who worked closely with FIH to achieve this milestone:

  • Ooi Chee Keong, Partner & Head of Capital Markets
  • Alvin Chan, Manager, Audit & Assurance

This successful IPO further strengthens Forvis Mazars in Singapore's position as a leading advisor in the capital markets space. We are committed to providing our clients with the insights and support they need to navigate the capital markets and achieve their strategic objectives.

 

The Forvis Mazars in Singapore team at the Food Innovators Holdings Limited IPO Listing Ceremony on 16 October 2024.

 

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