InNature retails and distributes The Body Shop (TBS) brand of products through its subsidiaries, which hold the TBS franchises in West Malaysia, Sabah and Labuan; Vietnam; and Cambodia
PETALING JAYA: PublicInvestment Research has accorded a fair value of 77 sen for Innature Bhd
’s initial public offering (IPO) based on a 15 times price-to-earnings multiple to its financial year 2020 forecast earnings per share of 5.1 sen, excluding the listing cost.
The offer price is 68 sen and the closing application date was yesterday.
InNature retails and distributes The Body Shop (TBS) brand of products through its subsidiaries, which hold the TBS franchises in West Malaysia, Sabah and Labuan; Vietnam; and Cambodia.
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