APAC IPOs & Placements, Aequitas Research

Troy Wong

APAC IPOs & Placements

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

<ul>
<li>Loob Berhad (LB) is looking to raise about US$150m in its upcoming Malaysia IPO. The deal will be run by Maybank and AmInvestment bank.</li>
<li>It’s the largest brand owner by number of stores in the F&amp;B industry in Malaysia, as per the IMR Report. LB has two core brands, namely Tealive and Bask Bear.</li>
<li>Mainly operates directly-owned stores, with 979 Tealive stores (547 corporate stores, 400 franchised stores, and 5 licensed stores) and 135 Bask Bear stores (129 corporate stores and 6 licensed stores).</li>
</ul>


Loob Berhad (LB) is looking to raise about US$150m in its upcoming Malaysia IPO. The deal will be run by Maybank and AmInvestment bank.
It’s the largest brand owner by number of stores in the F&amp;B industry in Malaysia, as per the IMR Report. LB has two core brands, namely Tealive and Bask Bear.
Mainly operates directly-owned stores, with 979 Tealive stores (547 corporate stores, 400 franchised stores, and 5 licensed stores) and 135 Bask Bear stores (129 corporate stores and 6 licensed stores).


Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

<ul>
<li>Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.</li>
<li>On the IPO front, <a href="https://www.smartkarma.com/entities/foshan-haitian-flavouring-food-company" target="_blank" data-smartkarma-citation="entities:44279:1" rel="noopener">Foshan Haitian (3288 HK)</a> failed to perform at listing marking a turnaround for recent A/H listing. <a href="https://www.smartkarma.com/entities/zhejiang-sanhua-intelligent-controls" target="_blank" data-smartkarma-citation="entities:45277:1" rel="noopener">Sanhua Intelligent (2050 HK)</a> will be next in line. </li>
<li>On the placements front, deals continued to flow across the region, with blocks in India showing no signs of abating.</li>
</ul>


Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.
On the IPO front, Foshan Haitian (3288 HK) failed to perform at listing marking a turnaround for recent A/H listing. Sanhua Intelligent (2050 HK) will be next in line. 
On the placements front, deals continued to flow across the region, with blocks in India showing no signs of abating.


ECM Weekly (23 June 2025) - Foshan Haitian, Sanhua, Anjoy, Sany, CaoCao, Eternal, Zhou Liu, HDB Fin

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Loob Berhad (1732646D MK)

Loob Berhad Pre-IPO Tearsheet

Loob Berhad plans to raise $150m in Malaysia IPO, largest F&B brand owner in Malaysia with Tealive and Bask Bear as core brands, operates nearly...

Troy Wong

ECM Weekly (23 June 2025) - Foshan Haitian, Sanhua, Anjoy, Sany, CaoCao, Eternal, Zhou Liu, HDB Fin

Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.

Sumeet Singh

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Loob Berhad Pre-IPO Tearsheet

​Loob Berhad plans to raise $150m in Malaysia IPO, largest F&B brand owner in Malaysia with Tealive and Bask Bear as core brands, operates nearly...

Troy Wong

ECM Weekly (23 June 2025) - Foshan Haitian, Sanhua, Anjoy, Sany, CaoCao, Eternal, Zhou Liu, HDB Fin

Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.

Sumeet Singh

Loob Berhad plans to raise $150m in Malaysia IPO, largest F&B brand owner in Malaysia with Tealive and Bask Bear as core brands, operates nearly...