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How are the proceeds intended to be used?

Category: IPO

Funds generated through the offering will be used to invest across the five main verticals – utilities, wellness, digital media and communications, and other capital investments across high-growth disruptive businesses. With a strong mandate to invest in high-growth companies, Multiply Group is riding the ongoing economic rebound with six acquisitions so far in 2021. The Group has identified more opportunities to drive forward its acquisitions and add more value to the subsidiaries through tech infusion and other synergies. This is where the new capital will be deployed.

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