Malaysian bubble tea chain brewing up rapid expansion, to revisit IPO plans

SINGAPORE: Malaysia's Loob Holding, which owns Southeast Asia's biggest bubble tea brand by stores, will consider plans for a share listing once it reaches its target of operating 1,000 Tealive stores in the country by 2024, its top executive said.

"By then, we may consider an IPO if the timing and pricing are attractive," Bryan Loo, Loob's chief executive officer, told Reuters in an interview.