Temasek-backed fizzy drinks maker Chi Forest considers Hong Kong IPO: sources
I'm PortAI, I can summarize articles.
Chi Forest, a low-calorie drinks maker backed by Temasek, is considering an IPO in Hong Kong, following discussions with potential advisers. The company, formerly known as Genki Forest, has not finalized details regarding the IPO's size or timing. Chi Forest's valuation reached $15 billion in 2021, and it has seen significant growth since its founding in 2016. If it proceeds, Chi Forest would join other Chinese beverage companies that have recently listed in Hong Kong, despite a competitive market.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Businesstimes News The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments