Kintyre Holdings (JA) Limited is reporting that its subsidiary Visual Vibes Limited, which recently broke into the US digital advertising market, is planning to do an initial public offer of shares during the middle of the year 2027.
This is in order to generate more cash flow to fund the company's expansion programme.
The group said in the interim, it secured an $80 million loan from the Michael Lee-Chin controlled Portland PJX in order to fund this US-based expansion programme.
The expansion will enable the company to provide a digital advertising platform for 175 trucks which generate revenues of US$350 per truck per day in that country.
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