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EPF, Moody’s outlook on economy, KL Kepong and IJM Plantations, Creador and Tealive among top read stories
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.
KUALA LUMPUR: Leading lifestyle tea brand Tealive is set to enter into Cambodia with plans to set up 25 outlets within five years.
KUALA LUMPUR: Leading lifestyle tea brand in South East Asia, Tealive is poised to enter the Cambodian market and set up 25 outlets in five years.
PETALING JAYA: After slightly over a year the bubble has burst on the bubble tea craze, but operators with a good following and product quality are still going strong amid the Covid-19 crisis.
PETALING JAYA: Businesses, especially food and beverage (F&B) firms, have been encouraged to come up with alternative ideas to reduce the usage of single-use plastics.