Page 2 - Bask Bear News Today

Despite the Covid-19 pandemic, Creador founder and CEO Brahmal Vasudevan said pointed out Tealive’s multi-format outlets, which include shoplots as well as outlets in malls and petrol kiosks, and its omnichannel offerings via food delivery platforms have helped it maintain a stellar performance. KUALA LUMPUR: Private equity fund Creador is taking a 30% stake in Loob Holding Sdn Bhd which is the owner of top regional lifestyle tea brand, Tealive, due to its impressive revenue and net income. I...

The Edge has learnt that Loob Holding Sdn Bhd — the holding company of bubble tea brand Tealive — has sold a strategic stake of 30% to private equity (PE) firm Creador. According to sources, the price was in the RM260 million range.