Last Friday (June 5), homegrown bakery chain BreadTalk officially delisted from the Singapore Exchange, where it had been trading after launching an initial public offering (IPO) in 2003. The news comes after the company suffered a net loss of $5.8mil for the last year, The Straits Times reports. The delisting would see BreadTalk going back to its founder George Quek’s private ownership, as he had partnered a Thai hospitality company to buy back all of his company’s shares from its shareholders.

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