Malaysia: F&B vehicle Red Sena secures eight IPO cornerstone investors

Malaysia: F&B vehicle Red Sena secures eight IPO cornerstone investors

Red Sena board of directors: (From left) Tan Ang Meng, Executive Director and Chief Strategy Officer; Joseph Tan Eng Guan, Executive Director and Chief Executive Officer; Tunku Mu’tamir Tunku Mohamed, Independent Non-Executive Chairman; Mohd Shah Hashim, Senior Independent Non-Executive Director; and Ng Ing Peng, Independent Non-Executive Director.

Red Sena Bhd, Malaysia’s first food and beverage (F&B) special purpose acquisition company (SPAC) en route to listing, has fully placed out its private placement offer shares, securing eight cornerstone investors.

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