Viz Branz to seek S$700mil value in Singapore listing

SINGAPORE: Viz Branz Pte, a coffee and cereal beverage maker, is seeking to relist on the Singapore stock exchange with a valuation of at least S$700mil (US$494mil), according to people with knowledge of the matter.

The Singapore-based company, which sells products under “Gold Roast” and “Cafe 21” brands, is aiming to price the stock offering this year, said the people, who asked not to be identified because the process is private. Proceeds would be used to fund expansion, according to one of the people.