KUALA LUMPUR: Malaysia’s budget retailer Eco-Shop Marketing Sdn Bhd and Loob Holding Sdn Bhd, which runs bubble tea chain Tealive, are aiming to go public next year as their private equity backer Creador Capital Group looks to build on its record of successful exits in the country.
Eco-Shop is in the midst of finalising its first-time share sale and is looking at listing in the second quarter of 2024, with Tealive scheduled for sometime in the final three months of next year, according to Creador chief executive officer Brahmal Vasudevan.
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