task 2 c
task 2 c
Leading producer and marketer of beer and spirits in Singapore and Malaysia with growing operations in the region
n Majority owner and co-founder Ms. Happy rumoured to be looking to exit as she wants to retire in a few years and has no close family to inherit the business
Shareholders
Hour family
20%
Indicative valuation
US$mm
2020E EBITDA 300
Growth (%) 20%
lOMoARcPSD|54654994
CONFIDENTIAL
Date Event By 5pm May 13, 2020 (HKT) Indicative Bids due
Mar 19, 2020 Commencement of Indicative Bid Phase Key workstreams
Due diligence n Conduct initial due diligence based on Indicative Bid
Release of Indicative Bid Documents
Documents n Maintain Q&A log
Valuation
From 9am Apr 9, 2020 to Lodgement of Indicative Bid Questions
Round 1: n Conduct initial valuation analysis based on Indicative Bid Documents
5pm Apr 13, 2020 (HKT)
Indicative Bid Structure and financing n Confirm buyer entity (if any
Phase
co-investor) n Initiate financing discussion
Approvals
n Confirm if any internal and regulatory approvals needed
Commencement of Final Bid Phase Site visit & management presentation
Release of Process Letter Two n Arrange site visit and participation of management presentation
Due diligence
n Continue to conduct due diligence based further
on information
provided in data room
n Maintain Q&A log
Valuation
Final Bids due
n Refine valuation analysis based on financial forecasts provided
Financing
n Confirm financing sources
Approvals
n Start to prepare application for internal and regulatory approvals