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Growth opportunities abound for Best World beyond China

Michelle Zhu
Michelle Zhu5/22/2017 02:06 PM GMT+08  • 2 min read
Growth opportunities abound for Best World beyond China
SINGAPORE (May 22): DBS Vickers Securities continues to rate Best World International at “buy” with an adjusted target price of $1.65 after hosting the developer, manufacturer and distributor of skincare and wellness products’ non-deal roadshow (NDR
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SINGAPORE (May 22): DBS Vickers Securities continues to rate Best World International at “buy” with an adjusted target price of $1.65 after hosting the developer, manufacturer and distributor of skincare and wellness products’ non-deal roadshow (NDR) in Hong Kong over May 18-19 last week.

In a Monday report, analyst Ling Lee Keng recalls that most funds at the roadshow were new to Best World, although some were already familiar with the industry and operating environment.

While noting that Best World’s efforts in raising brand awareness and product acceptance in the Chinese market are “beginning to bear fruit”, Ling believes there is multi-year growth potential for the group beyond China with several untapped opportunities offered by several other markets.

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