Budget hotel operator RedDoorz issues shares worth $28m to Asia Partners, Jungle Ventures, others

Budget hotel operator RedDoorz issues shares worth $28m to Asia Partners, Jungle Ventures, others

Visual from RedDoorz's social media page.

Budget hotel network operator RedDoorz has issued shares worth $28.2 million to convertible note holders including Singapore-based private equity firm Asia Partners, Jungle Ventures, Mirae Asset-Naver Asia Growth Fund, and SIG Venture Capital, among others, regulatory filings showed.

Edited by: Joymitra Rai

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