Thakral's Associated Company The Beauty Tech Group Eyes GBP29 Million from London IPO

MT Newswires

2025/10/06

Thakral's (SGX:AWI) associated company, The Beauty Tech Group, is expected to raise around 29 million pounds sterling from its initial public offering on the London Stock Exchange, according to a Monday filing with the Singapore Exchange.

The associated company fixed its IPO price at 2.71 pounds per share and will have a market capitalization of around 300 million pounds.

Meanwhile, Thakral will divest nearly 2.9 million shares for SG$13.1 million as part of the listing plan.

Following the completion of the IPO, the company will have a 6.04% stake in The Beauty Tech.

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