V3 Brands Asia Pre-IPO

V3 Brands Asia is looking to raise about US$500m in its upcoming Hong Kong IPO. It was previously listed on the SGX between 2000-2016. V3 Brands Asia is a lifestyle and wellness firm, it is most known for its flagship massage chairs which are sold under the OSIM brand. As per CIC, the OSIM brand is the top brand amongst the Premium Massage Chairs Market in Asia, as per 2020’s retail sales. V3 Brands has recorded a bounce back post-COVID as its average revenue per store surged. Margins have ex...