Lifestyle
DFI Retail’s Mannings beauty and wellness chain shutters in mainland China
Mannings, known as Guardian in South-east Asia, intends to integrate the business’ operations across Hong Kong and Macau DFI Retail…
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DFI Retail’s Mannings - known as Guardian in Singapore - pulls out of mainland China
DFI Retail Group’s beauty and health brand Mannings on Wednesday (Dec 17) announced the closure of all its stores across mainland China,…
Business
Stocks to watch: Cordlife, DFI Retail Group, SingLand, Tuan Sing, Vibrant Group
The following companies saw new developments that may affect trading of their securities on Thursday (Dec 4): Cordlife: The cord-blood…
Business
DFI Retail Group hikes dividend payout ratio to 70% in three-year plan
The group is targeting a compound annual growth rate of 11 to 15% for its underlying profit DFI Retail Group has unveiled a three-year…
Business
DFI Retail Group jumps 12.7% to three-year high on H1 profit growth
Shares of DFI Retail Group hit its highest price in more than three yearson Wednesday (Jul 23) , after the supermarket and retail store…
Business
DFI Retail Group posts 38.9% rise in H1 underlying profit
Supermarket and retail store operator DFI Retail Group’s underlying profit rose 38.9 per cent to US$105 million for the first half ended…
Business
DFI Retail Group posts 38.9% rise in H1 underlying profit, pays special dividend of US$0.443 a share
Supermarket and retail store operator DFI Retail Group’s underlying profit rose 38.9 per cent to US$105 million for the first half ended…
Business
Maybank initiates coverage on Sheng Siong with ‘buy’ call on DFI sale of Singapore supermarkets
Maybank has initiated coverage on supermarket operator Sheng Siong, assigning it a “buy” call and a target price of S$2.30. This…
Business
DBS raises DFI Retail Group Holding’s target price, citing strong potential to grow earnings
DBS bank on Monday (Jun 9) raised its target price for DFI Retail Group from US$3 to US$3.60 and maintained its “buy” rating, citing a…
Business
DFI Retail Group divests 22.2% stake in Robinsons Retail for undisclosed sum
The divestment will enable DFI to redeploy capital to support growth and enhance shareholder returns across its subsidiaries, says group…
Business
DFI Retail Group’s Q1 underlying profit falls 18% on sale of Chinese supermarket
DFI Retail Group’s underlying profit for Q1 2025 fell 18 per cent compared with the same period a year ago, due to the divestment of…
Business
DFI could offer a special dividend after selling Cold Storage, Giant and other units: CGSI
could potentially issue a special dividend following its divestment its Singapore food business to South-east Asian retail conglomerate…
Business
DFI up 5.8% on sale of Singapore food business
It is selling its Singapore food business to South-east Asian retail conglomerate Macrovalue (Malaysia) for an initial purchase price is…
Business
Jardine’s DFI says S$125 million sale of Singapore food business not price-sensitive, but investors disagree
Supermarket and retail store operator DFI Retail Group on Monday (Mar 24) explained why it did not announce the divestment of its…
Business
DFI sells Singapore food business, including Cold Storage and Giant, for S$125 million to Macrovalue
Supermarket and retail store operator DFI Retail Group on Monday (Mar 24) announced the divestment of its Singapore food business to…