Singapore-based Advend Group was acquired by Etika Holdings last year, in a deal reportedly valued at around S$67 million. However, with the rise of working from home, falling foot traffic, and an increasingly competitive market for beverages, how will the vending machine services provider navigate the challenging business environment ahead? To find out, Lyn Mak speaks to CEO Santharuban Thurai Sundaram.



Image Credit: Macrovector / Shutterstock.com

Singapore-based Advend Group was acquired by Etika Holdings last year, in a deal reportedly valued at around S$67 million. However, with the rise of working from home, falling foot traffic, and an increasingly competitive market for beverages, how will the vending machine services provider navigate the challenging business environment ahead? To find out, Lyn Mak speaks to CEO Santharuban Thurai Sundaram.

Image Credit: Macrovector / Shutterstock.com

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The Breakfast Grille

Featuring the cream-of-the-crop as well as the controversial, the Breakfast Grille is the flagship show of BFM. Expect no-holds-barred interviews to get to the truth and into the minds of business leaders, policymakers and changemakers.

Advend - A New Kind Of Convenience?

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IKEA has been part of the Malaysian retail landscape for 30 years and as consumers become more cost-conscious and e-commerce reshapes retail, it is evolving beyond its traditional megastore model. Malcolm Pruys, Country Retail Director of IKEA Malaysia discusses affordability, omnichannel retail and expansion for the IKEA experience in Malaysia.

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Telco tower veteran Suresh Sidhu launched EdgePoint Infrastructure in 2020, scaling the regional venture to over 16,000 sites across Malaysia, Indonesia, and the Philippines, with backing from DigitalBridge, and then later the Abu Dhabi Investment Authority.However the infrastructure model now faces a more complex reality: carrier consolidation and a higher for longer interest rate environment that creates a more challenging environment, in particular for a PE-backed player. Can ASEAN’s underlying tide of data demand outrun these mounting structural pressures?Suresh Sidhu joins the show to discuss navigating private equity expectations in a high-rate climate, the shifting economics of a consolidated customer base, and the new growth engines driving the TowerCo model.

Advend - A New Kind Of Convenience?

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