PublicInvest Research accords FV of 77c for InNature IPO

From left: InNature founder and managing director Datin Mina Cheah-Foong and chairperson Datuk Simon Foong at the company's prospectus launch on Jan 29, 2020

KUALA LUMPUR: PublicInvestment Research has accorded a fair value of 77 sen for Innature Bhd based on a 15 times price-to-earnings (PE) multiple to its FY2020F EPS of 5.1 sen which excludes the listing cost.

The offer price is 68 sen and the closing application date is on Thursday.