LY Corporation Limited, a Malaysian furniture firm, is set to be the 1st to debut on SGX this year 2018.
Here’s 5 Things You Need to Know on the company:
1. LY Corporation Limited IPO Details
LY Corporation IPO Prospectus can be found here.
LY Corporation IPO Product Highlights can be found here.
2. LY Corporation Limited Profile and Competitive Advantages
LY Corporation Limited is one of Malaysia’s leading manufacturers and exporters of wooden bedroom furniture. Let’s summarize its profile in point-form:
Strong track record of approximately 40 years in the furniture industry Established original design manufacturer (“ODM”) & original equipment manufacturer (“OEM”) principally engaged in wooden bedroom furniture Operates from 15 factories and warehouses Products sold mainly to overseas dealers such as furniture wholesalers and retailers who
– generally resell the products to end-users through their respective retail networks, and
– domestic customers who are primarily third party agents who typically