holding

Retail Asia06/06/2019

Loob Holding, parent of Malaysian bubble-tea chain Tealive, is preparing an IPO in Malaysia with a view to raising MYR300 million (US$72 million). The firm, which operates more than 200 food-and-beverage outlets in the territory, has reportedly hired advisors to facilitate the process and is seeking a valuation of up to MYR1 billion. “We have […]

Retail Asia03/05/2019

The national carrier Vietnam Airlines (UPCoM: HVN) has gained approval of the Hồ Chí Minh Stock Exchange (HoSE) to list its 1.4 billion shares on the southern bourse. The company will move to HoSE from the Unlisted Public Company Market (UPCoM) and the stock ticket will remain as HVN. The company’s market value on HoSE […]

Retail Asia05/04/2019

JAB Holding, the German owner of Krispy Kreme and Pret-a-Manger, has pledged to pay US$11.3 million to charity after the family-owned company’s ties to the Nazi party were revealed. The German newspaper uncovered a significant historical connection between the wealthy Reimann family and the Nazis. The Reimann forebears were ardent anti-semites and strong supporters of […]

Retail Asia01/04/2019

Tealive parent Loob Holding, is planning an IPO to fund ‘aggressive expansion’. The company is looking to open 1000 Tealive stores in 15 countries by the end of next year. Along with another 150 new outlets in India by 2024. China is still its focus market, with 500 more outlets to come after first outlet […]

Retail Asia22/03/2016

Thailand’s Berli Jucker shareholders have voted in favor of a $6.2 billion acquisition of hypermarket operator Big C Supercenter Pcl (BIGC.BK) from France’s Casino Group. Some 99.99 percent of voters approved the plan at Monday’s meeting, two financial sources who attended it said. Berli, the core retail business of Thai tycoon Charoan Sirivadhanabhakdi’s TCC group, […]

Tag: holding

Malaysian bubble-tea chain Tealive Eying IPO

Vietnam Airlines approved for listing on HoSE

Pret-a-Manger owner JAB Holding in difficult position

Tealive parent Loob Holding eyes on IPO

Thai BJC shareholders approve $6.2 billion Big C buy