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Thakral Corporation Ltd Clarifies Stake in The Beauty Tech Group Amid IPO Speculation

Story Highlights

Thakral Corporation Ltd ( (SG:AWI) ) has shared an announcement.

Thakral Corporation Ltd holds a significant stake in The Beauty Tech Group, which is considering strategic options including a potential IPO in London. The company’s board clarified that while the valuation of The Beauty Tech Group’s potential listing has been speculated at £350m, the final valuation has yet to be determined.

More about Thakral Corporation Ltd

Thakral Corporation Ltd is a Singapore-incorporated company engaged in investment activities, holding a 9.4% interest in The Beauty Tech Group Limited, a UK-based company specializing in beauty technology solutions.

YTD Price Performance: 1.52%

Average Trading Volume: 48,125

Technical Sentiment Consensus Rating: Sell

Current Market Cap: S$85.03M

For an in-depth examination of AWI stock, go to TipRanks’ Stock Analysis page.

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