The Abraaj Group, a leading private equity investor operating in global growth markets, today announced that it has successfully exited its investment in the restaurant chain Hot Pot, through an initial public offering (IPO) on the local Thai stock exchange that was more than three times oversubscribed.
The Abraaj Group first invested in the restaurant chain in 2006. Since then, the restaurant chain’s revenues have grown at an impressive compound annual growth rate of approximately 25% and restaurant branches have expanded from 58 to 126.
The IPO is yet another successful exit for Abraaj’s first South East Asia Fund.(1) Earlier this year, the Group sold its stake in Yupi, a leading Indonesian confectionary company and exited its investment in Cirtek Electronics, a semi-conductor business, through an IPO on the Philippine Stock Exchange (PSE).
The Abraaj gropu exits investment . Read t know details
ReplyDeleteI was delighted to find this web site.I wanted to thank you for your time reading this wonderful! I really enjoyed every bit of it and I've marked to ensure that the blog post something new.
ReplyDelete