diu ini business very low barrier entry nia, anybody can masuk and grab their market share, some more this foodie manyak upcar, tried 5 of the outlets, 3 upcar and 2 so-so only.

mau cash out lah tu, some more under Maybank IB. Maybank IB manyak upcar IPO

INITIAL PUBLIC OFFERING (“IPO”) OF 250,000,000 ORDINARY SHARES IN FOODIE MEDIA BERHAD (“FOODIE MEDIA” OR “COMPANY”) (“IPO SHARES”) IN CONJUNCTION WITH THE LISTING OF AND QUOTATION FOR THE ENTIRE ENLARGED ISSUED ORDINARY SHARES IN FOODIE MEDIA (“FOODIE MEDIA SHARES” OR “SHARES”) ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) COMPRISING A PUBLIC ISSUE OF 138,000,000 NEW SHARES (“ISSUE SHARES”) AND AN OFFER FOR SALE OF 112,000,000 EXISTING SHARES INVOLVING:

most expensive one lagi a lot of upcar portfolio, ecoshop also pakai Maybank, end up revise price down

EPF won't be sohai i think, even eco shop i think they are monitoring

about 40%+ offer for sale

Shareholders sudah ambik 20mil+ dividend for the past 4 years, this time mau cash out lagi kuat. New gen punya boss too greedy liao, sudah ok then mau cash out and wash hand.

low entry barrier for this socmed business

Next day some rich fag throw few millions and upload creative food review media, customer just cabut to whoever has the highest view and engagement.

They invite Bryan Loo as shareholder is a big mistake, Bryan Loo family mau cash out to recoup their capital.

competitor can just pop out of nowhere and threaten their business, this is how scary socmed is.

their foodie advertising rate is about 1.5-5k

sudah sign contract with Maybank, IPO should be near soon

this kind of business with low entry barrier, other competitor can easily copy and replace it

I heard the rate for food review has been declining because of stiff competition

let's see their performance this friday, actually the take up rate is quite low judging from the retailer side