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Thakral Corporation Ltd ( (SG:AWI) ) has provided an announcement.
Thakral Corporation Ltd announced that its investee company, The Beauty Tech Group, successfully debuted on the London Stock Exchange, with its share price rising by about 4% to £2.81 on the first day of trading. The IPO raised £29 million, and the company’s market cap reached approximately £311 million. The Beauty Tech Group, known for its at-home beauty technology products, is supported by a strong manufacturing base, international distribution channels, and a robust product innovation pipeline, positioning it for long-term growth. Thakral’s CEO highlighted the listing as a validation of their strategic approach and commitment to supporting The Beauty Tech Group’s growth and innovation.
More about Thakral Corporation Ltd
Thakral Corporation Ltd, incorporated in Singapore, is a company that focuses on identifying and nurturing high-growth businesses. It provides strategic capital, operational expertise, market access, and governance oversight to enhance shareholder value. The company has a track record of accelerating scale and delivering superior returns through its investments.
Average Trading Volume: 158,067
Technical Sentiment Signal: Buy
Current Market Cap: S$213.5M
For a thorough assessment of AWI stock, go to TipRanks’ Stock Analysis page.