Z-Obee: equity invmt and strategic partner, Yoho King is seeking an IPO on Bursa Msia. May see trading interest if valuation of Yoho King improves upon listing. Recall Z-Obee bought a 14.7% stake in Yoho King in May 2010 for US$10.9m (14% of NAV, 6% of mkt cap), in which Yoho King has undertaken not transfer or list its shares at a price per share less than that purchased by Z-Obee…
Yoho King is engaged in the distributorship and trading of electronic components, R&D and sale of solution packages and electronic devices.
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