Osim stock, which was delisted from Singapore Stocks Exchange would be seeking a listing on the Hong Kong stocks markets as V3 stock. This is of interest to me since when Osim was delisted from Singapore stocks markets, I have thought that Osim would be kept as a private entity. I understand that proceeds from the V3 IPO would be used to repay a loan of $321.9 million obtained by Osim as well as for the acquisition in Futuristic, a Singapore-based store fixtures manufacturer, of a 69% stake. Read more »
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