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CREADOR’S purchase of a 30% stake in Loob Holding Sdn Bhd – the owner of milk tea brand Tealive – has reignited market interest in the food and beverage sector.
Creador founder and CEO Brahmal Vasudevan said the firm chose Loob to be its first investment in the fast-growing food and beverage sector as Tealive has grown to be the regional leader with over 650 stores in less than five years.
Private equity fund Creador is taking a 30% stake in Loob Holding Sdn Bhd which is the owner of top regional lifestyle tea brand, Tealive, due to its impressive revenue and net income.
MANY of us have embraced online shopping and contactless payments in store as we abide by the strict standard operating procedures (SOPs) and physical distancing.
PETALING JAYA: The digitalisation of government services would serve to curb leakages, fraud and corruption within the public sector, according to Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
News highlights from Asean countries in the Star-AseanPlus section for Tuesday (June 8)
KUALA LUMPUR: The Ministry of Finance (MoF), under the recently launched MyDigital, will ensure that payments for all government services will be made on cashless basis by 2022, its Minister, Tengku Datuk Seri Zafrul Abdul Aziz said.
Foreign investors are rushing to get a stake in Vietnam's online services as the nation begins to adopt eCommerce, partially due to the pandemic.