Red Sena looking for buyout opportunities in region, inclduing Vietnam


Yoong: ‘Currencies in this region have also depreciated alongside the ringgit.’

KUALA LUMPUR: Red Sena Bhd says Vietnam is at the top of its list for potential takeovers, even as the company continues to screen for buyout opportunities in other countries across the region.

The special-purpose acquisition company (SPAC), which had raised RM400mil from investors in December 2015, is hoping to purchase its first qualifying asset (QA) by early next year.

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Business , Red Sena , SPAC , F&B

   

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