Food – Chinese

Kay Lee Roast Meat - Char Siew Shop Sold For $4 Million

Kay Lee Roast Meat has been sold for a jaw-dropping sum of $4 Million. This is $500,000 more than the original asking fee, because the market value of the shop space went up. Bought over by listed company Aztech whose Chief Executive was a loyal customer, they will look into expanding the shop while retaining its original recipes and staff. Will other hawkers get some hint, and go into a recipe-selling strategy – for marketing or money? We shall see. Singaporeans should be familiar with this story – The Kay Lee Roast Meat......

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