KKR-backed massage chair business files for Hong Kong IPO
V3 Brands Asia, a KKR-backed holding entity for OSIM, which claims to be Asia’s number one brand in the premium massage chairs market, has filed for an IPO in Hong Kong.
KKR agreed to invest up to SGD 500m (USD 366m) in V3 Group, a Singapore-based business with interests spanning brands, real estate, and healthcare services, in 2018 at an enterprise valuation of SGD 1.7bn....
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