SYDNEY and KUALA LUMPUR, Malaysia, June 12, 2024 /PRNewswire/ -- Nuren Group, a leading digital platform empowering women in parenting, education, and maternity wellness, is excited to announce the launch of its initial public offering (IPO) on the National Stock Exchange of Australia (NSX).
Set to debut at AUD0.20 per share, this IPO marks a significant milestone in the company's growth journey, offering investors the opportunity to be part of Nuren Group's success story.
IPO Details:
Established as a pioneer in digital solutions, Nuren Group offers a diverse portfolio that includes leading platforms such as Motherhood.com.my, Motherhood SuperApp, Kelabmama.com and Ibuencer.com, which combined has a user base of 1.8 million and over 10 million page views monthly, catering to a wide range of customers and vendors.
The capital raised through the IPO will fuel Nuren Group's commitment to expanding its market presence in the parenting, education, and maternity wellness sectors. It will also enhance the company's technological infrastructure to deliver a seamless user experience. Additionally, the funding will accelerate growth in key strategic areas through innovation.
Nuren Group operates in high-growth markets, with increasing demand for digital solutions in parenting, media planning, and e-commerce. The listing of Nuren Group on the National Stock Exchange of Australia (NSX) aligns with the accelerating pace of digital transformation, presenting a significant opportunity for Nuren Group to capture a larger market share. Additionally, the debut price of AUD0.20 per share offers investors an attractive entry point, promising substantial growth potential as Nuren Group continues to expand and innovate.
Innovative Growth Potential & Investment Focus
Nuren Group is poised for significant growth, leveraging strategic market expansion, technological advancements, and innovative product development. Supported by a well-established portfolio and leading industry brands with a loyal customer base, Nuren Group stands on a solid foundation for future growth.
Founder and CEO of Nuren Group Limited, Petrina Goh said, "As we embark on this exciting journey with our IPO, we are committed to leveraging our expertise and technology to improve the quality of life for our customers and create lasting value for our shareholders. The market for parenting tech is experiencing unprecedented growth, driven by increasing awareness and demand for convenient, effective and personalised care solutions. The global parenting spending market, encompassing baby care products, childcare services, education technology, and parenting apps, is valued at several hundred billion dollars annually and is expected to continue growing significantly. This presents a tremendous opportunity for us to capitalise on the expanding market and meet the evolving needs of modern families."
Advancing Towards AI Technology and Innovation
Furthermore, Nuren Group plans to enhance its technological offerings with a unique AI-powered parenting chat feature within the Motherhood SuperApp. This innovative feature will assist users by providing personalised support and advice, utilising advanced machine learning algorithms to offer real-time, relevant assistance.
Nuren Group's decision to announce this Initial Public Offering (IPO) reflects the company's commitment to driving expansion, enhancing technological infrastructure, and seizing new growth opportunities in key strategic areas.
For more information on Nuren Group's IPO, including key dates and how to invest, please visit the company website at https://www.nurengroup.com/ and the Public Offer booklet available at https://apply.automic.com.au/NurenGroupLimited.
About Nuren Group
Established in 2013 by entrepreneur Petrina Goh, Nuren Group is Malaysia's top parenting platform focused on empowering women in parenting, education, and maternity wellness. Our portfolio includes leading platforms such as Motherhood.com.my, Motherhood SuperApp, Kelabmama.com, Ibuencer.com, and Wedding.com.my. These platforms provide innovative solutions and services across media, e-commerce, parenting, and maternity industries, catering to a diverse range of customers and vendors.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Nuren Group Announces Upcoming IPO on National Stock Exchange of Australia (NSX): Empowering Women Through Innovation
Nuren Group Announces Upcoming IPO on National Stock Exchange of Australia (NSX): Empowering Women Through Innovation
French Elegance meets Courvoisier Excellence as The Most Awarded Cognac House* reopens its Maison following an extensive restoration led by French architecture and interior design agency, Gilles & Boissier
JARNAC, France, Oct. 15, 2024 /PRNewswire/ -- Maison Courvoisier, The Most Awarded Cognac House* has finally emerged from the cocoon of a multi-year restoration project in collaboration with, architecture and interior design agency, Gilles & Boissier and a team of local and international artists and artisans. Its reawakening symbolises Courvoisier's determination to enhance Cognac on the global stage.
Honouring nearly 200 years of history and savoir-faire, the Maison, filled with exceptional designs that highlight the surrounding vineyards, terroir and rich landscape of the region, is set to welcome esteemed guests from around the world from October 2024.
Proudly standing at the heart of Jarnac, directly facing the Charente River, the beautiful edifice, originally built in 1857, is inspired by Paris' iconic 'Pavillon de Flore' at the Louvre Museum—a place dear to the Maison's founder, Félix Courvoisier. Félix was a visionary and a dedicated host. When he introduced the brand in 1828, he envisioned a warm and welcoming space for friends and family to share his unique vision of "Joie de Vivre." This newly revitalised home will be the same beacon for global inspiration, innovation and education for Courvoisier today.
AN ARCHITECTURAL & ARTISTIC TREASURE
The transformation of the five-story Maison Courvoisier is a collaboration with Gilles & Boissier, an international design studio known for high-end projects. Led by Patrick Gilles and Dorothée Boissier, their French heritage and artistic vision blend Courvoisier's savoir-faire with the home's rich history and terroir.
Key spaces include a stylish red Bar Lounge, curated by historian Isabelle Vignon, and a Cognac Tasting Room with artwork by François Houtin. The Dining Room, with a palissandro marble table and carved wood panels by Zoé Ouvrier, serves as the centrepiece for exclusive pairing dinners. Gilles & Boissier's design subtly reflects cognac's ageing process, with hand-painted walls transitioning from bright hues to deep amber tones.
Throughout the house, art pieces by French artists Zoé Ouvrier, Anne-Charlotte Saliba, François Houtin, Lilian Daubisse and Carole Descordes, Molly Gambardella from the US and Veronique Van der Esch from Belgium each express nature and what Courvoisier's DNA meant to them through their own lens. Be it by playing with recyclable materials used to ship cognac bottles, delicate paper trimming and gold foil, outstanding wood hand-carving or a monumental portrait of Félix himself – each piece perfectly matches the tasteful rooms of the Maison.
Maison Courvoisier's restoration is one of Gilles & Boissier's most significant projects in France. They stated:
"We approached this project with pride, blending the chateau's rich heritage with the brand's excellence. Our goal was to honor the Maison's legacy while infusing new energy that reflects Courvoisier's values and future vision. Every detail, including a bench carved from cellar wood, reflects the brand's deep-rooted history."
UNPARALLELED COGNAC
Courvoisier offers a range of world-renowned cognacs, all blended in its signature floral style, "cognac in blossom." This includes the classic VS, VSOP, XO, and the Prestige Collection, featuring XO Royal, Extra, and L'Essence de Courvoisier. By partnering with local artisans and winegrowers, the brand creates high-quality, balanced cognacs. With its light and bright taste, Courvoisier is perfect for any occasion—whether served neat, paired with food, or in cocktails like the Courvoisier Gala.
Maison Courvoisier's Master Blender, Thibaut Hontanx, said: "Our legacy is built on rare, exceptional cognacs maturing in our cellars. The recent restoration provides a perfect backdrop that complements the distinctive character of our blends, much like the Maison itself."
HOMAGE TO THE PAST AND VISIONS OF THE FUTURE
The reopening of Maison Courvoisier marks a new chapter, blending tradition with innovation, inviting guests to experience Courvoisier's rich heritage and future vision. While access remains limited, tours and tastings will be available throughout the year, with exclusive overnight stays arranged at select times.
Next to the Maison, the Visitor Center will be open year-round, offering guests the chance to taste and bottle cognac from the Master Blender's barrels.
Augustin Depardon, Managing Director of the House of Cognac and Champagne at Campari Group says: "Standing proudly on the Charente River, Maison Courvoisier is a piece of French history that was in need of revival after years of unuse. Maison Courvoisier has been an iconic part of the Cognac region's fabric since 1828, and we are proud of its legacy. This restoration project was about respecting and paying homage to our past, while setting a stage for Courvoisier's beautiful future."
For more information, visit www.courvoisier.com.
*Based on 20 top spirits competitions since 2019.
CONTACT: Articulate Productions, courvoisier@toarticulate.com
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
MAISON COURVOISIER IS REBORN AFTER MULTI-YEAR RESTORATION IN JARNAC
MAISON COURVOISIER IS REBORN AFTER MULTI-YEAR RESTORATION IN JARNAC
MAISON COURVOISIER IS REBORN AFTER MULTI-YEAR RESTORATION IN JARNAC
MAISON COURVOISIER IS REBORN AFTER MULTI-YEAR RESTORATION IN JARNAC
MAISON COURVOISIER IS REBORN AFTER MULTI-YEAR RESTORATION IN JARNAC
MAISON COURVOISIER IS REBORN AFTER MULTI-YEAR RESTORATION IN JARNAC
MAISON COURVOISIER IS REBORN AFTER MULTI-YEAR RESTORATION IN JARNAC
