Red Sena committed but cautious on securing a QA

PETALING JAYA: As the window of opportunity to secure a qualifying acquisition (QA) looms, Red Sena Bhd says it remains committed but cautious on concluding a deal within the permitted timeframe.

The special-purpose acquisition company (SPAC) with a focus on food and beverage (F&B) has until Dec 10 this year to secure an asset/company in the sector to enable it to start generating profits.