S$80 million sale of business of Food Junction Management Pte Ltd in Singapore and Malaysia to BreadTalk Group Limited by Auric Pacific Group Limited

A&G News 16 December 2019

Allen & Gledhill advised Auric Pacific Group Limited (“APG”) on the S$80 million sale of its Food Junction business in Singapore and Malaysia to BreadTalk Group Limited.

Food Junction operates a network of 12 food courts in Singapore and three in Malaysia, with an additional food court scheduled to open in 2020 at The Mall, Mid Valley Southkey.

Advising APG were Allen & Gledhill Partners Prawiro Widjaja, Scott Clements, Eugene Ho, Eudora Tan, Shalene Jin, Tay Yong Seng and Sunit Chhabra.