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KUALA LUMPUR: InNature Bhd, a regional retailer of cosmetics and personal care products carrying The Body Shop and Natura brands, said a surge in online sales in the second quarter helped cushioned the worst impact of the Covid-19 pandemic.
KUALA LUMPUR: Newly-listed InNature Bhd is confident of riding out Covid-19 impact that has affected consumer sentiment and the local retail sector.
KUALA LUMPUR: InNature Bhd, which made its debut on the Main Market of Bursa Malaysia today, opened at 72 sen or eight sen above it’s listing price of 64 sen.
PETALING JAYA: Main Market-bound InNature Bhd, the company that retails and distributes The Body Shop brand of cosmetics and personal care (CPC) products, believes it is prepared to weather the impact that the coronavirus is having on the retail sector.
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.
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.
“I’M EXCITED!” says the jubilant, ever bubbly InNature Bhd managing director Datin Mina Cheah-Foong, when asked how she feels about the company finally going public next month.
KUALA LUMPUR: InNature Bhd will offer 74.07 million new shares at a retail price of 68 sen per share enroute to its listing on the Main Market of Bursa Malaysia, tentatively to be on Feb 20.