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sorry. exclusive right in Vietnam and Indonesia. Singapore not included. about genting highlands, not sure whether under them or not. report say only one outlet at KLCC
Using the IPO proceeds to buy own company, a company that established less than 3 years with PE of 8 times. currently only having 1 restaurant in KLCC, and they need to at least open 1 each in Indonesia and Vietnam according to the franchise agreement. Negative: entering into highly competitive f&b biz in this challenging times. Need more capital from Innature for expansion and gestation period in Indonesia and Vietnam. Positive: Diversify from cosmetic retail biz. B&L is making profit currently