Tealive Boss selling shares, seek RM1b valuation, for IPO
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 Feb 2 2021, 02:10 PM
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404 posts Joined: Dec 2008 
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QUOTE(ozak @ Feb 2 2021, 12:50 PM) "KUALA LUMPUR (Feb 2): Loob Holding Sdn Bhd, the holding company to bubble tea brand Tealive, is looking at a strategic stake sale, according to several sources familiar with the matter." No la, means they are looking for strategic investor, I.e. someone who can contribute and help them expand. An alternative would be purely financial partner who just pump cash.Is that sound like in trouble?  |
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Feb 2 2021, 02:30 PM
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#2
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QUOTE(teehk_tee @ Feb 2 2021, 02:26 PM) strategic stake sale Mebbe also. But for those due d work i did before, usually if seller looking for strategic sale means they want someone who not just pump cash, but can contribute to the business.could also mean, something like a Series D/E round, get a big whale in - pump up the numbers for pre-ipo book building. |
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