This is for records and information only
...This post is more for records only as there was no public tranche and i missed the writing due to the election "fever". It will be kept brief and simple.
TLV Holdings Limited ("TLV" or the "Company") placed out 76.459m Placement Shares at 22 cents each.
It is interesting to note that this is the 3rd major jewelery shop to be listed here....after Aspial and SK Group. The Company owns the Taka and Lovis Diamonds brand.
Seems like even a small Singapore can have 3 brands covering it and all competing in the same segments and owns pawn shops! Since the business is easy to understand, i will not spend too much time on it.
Actually the local retail market is not exciting for TLV at all. What is more profitable is the exhibition business, which generated 50.4% of ...
