Koufu Group Limited declared an interim one-tier tax-exempt dividend of 1.0 Singapore cent per ordinary share, Payable on 12 December 2018, to the share holders of record date 30 November 2018.

The company also announced its plan to open an Elemen full-service restaurant at the new Paya Lebar Quarter, a Happy Hawkers coffeeshop at T-Space, Tampines and another Koufu food court at The Woodgrove in fourth quarter of 2018. The company also expects to open another Koufu food court in Buangkok Green by the first quarter ending 31st March 2019.