In today’s briefing:
- Emperador Secondary Listing – Driven by Whisky, Supported by Brandy
- Weilong Delicious Global Pre-IPO – Growth Is Slowing but Pre-IPO Valuation Has Been Halved
Emperador Secondary Listing – Driven by Whisky, Supported by Brandy
- Emperador (Emp) is looking to raise up to US$750m via a secondary listing in Singapore.
- Emp is the Philippines’ largest liquor company and the world’s largest brandy producer. Its products are sold in over 100 countries.
- In this note, we look at the company’s past performance.
Weilong Delicious Global Pre-IPO – Growth Is Slowing but Pre-IPO Valuation Has Been Halved
- Weilong Delicious Global (WDG), a spicy snack food company in China, aims to raise around US$500m in its Hong Kong IPO.
- According to F&S, WDG ranked first among spicy snack food enterprises in China, with a market share of 6.2%, and in the seasoned flour product and spicy vegetable snacks categories.
- In this note, we talk about the updates from its refiled PHIP.
Before it’s here, it’s on Smartkarma
