Holywings Group, the owner of the luxurious three-hectare Atlas Beach Club in Bali, is considering an initial public offering next year to help expand its entertainment empire across Asia.
The Indonesian company wants to bring the same establishment to Bangkok in 2025, according to cofounder Ivan Tanjaya. With a capacity of 1,000 people, it would be one of Thailand’s biggest nightclubs, he said in an interview last week.
That would mark the first overseas foray for Holywings, which currently operates over 50 bars and restaurants in Indonesia, including Atlas in Bali that prides itself as the largest beach club in ...
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