The Business Times
business-time-50

Ron Sim's V3, which owns OSIM, files for Hong Kong IPO

Move comes as group posts surge in profit for 9 months ended Sep 30, 2021

google-preferred-sourceAdd BT as a preferred source
Vivienne Tay

Vivienne Tay

Published Tue, Mar 1, 2022 · 09:50 PM

    Singapore

    V3 GROUP, which owns brands such as OSIM and TWG Tea, has filed for an initial public offering (IPO) on the main board of The Stock Exchange of Hong Kong (SEHK).

    V3 Brands Asia, an investment holding company wholly-owned by V3 Group - made an application to the Hong Kong Exchange for a global offering on Monday (Feb 28).

    V3 GroupIPOHKEXHong Kong

    TRENDING NOW

    The new vehicles will comprise a mix of fully electric and hybrid models, including the BYD Seal 6 DM-i.

    ComfortDelGro’s Zig to buy S$10 million worth of BYD cars for private-hire fleet

    StarHub’s H1 Ebitda – excluding Ensign, a cybersecurity joint venture with Temasek – fell 23.8% for the period ended Jun 30.

    Singapore telco price war squeezes earnings, strengthens case for StarHub-M1 deal, say analysts

    Sats posted a S$75.1 million net profit for Q1, up 6% from S$70.9 million in the same year-ago period.

    Sats slides 13.6% as investors dump shares on profit-margin squeeze

    Handled passively, satellite connectivity becomes a service that the telco distributes, while somebody else sets the economics.

    When every phone becomes a satellite phone, what happens to Asia’s telcos?

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More