Media Company HT MEDIA LTD (IND) acquires Lifestyle e-tailer KOOVS.COM (IND) for USD 4.4 M

The transaction would give HT MEDIA 8.3% of KOOV PLC and this strategic investment will come against the backdrop of recent fund raising efforts that amounted to USD 32 M. Funds will be used to support the 189% sales growth in the past year.

GEREJE Advisory Asia Pte Ltd (Group head office in Singapore) is MAS (Monetary Authority of Singapore) Exempt Corporate Finance Advisor and GEREJE Corporate Finance SAS (France) is member of The French Society of Financial Analysts (SFAF).