acquisition

Joel Neoh gets his scale, just not how he envisioned it with Fave
Unique QR code based loyalty & engagement platform a key attraction Journey not over for Joel Neoh & Yeoh Chen Chow, fortunes tied to Pine Labs
Fave acquired by Pine Labs for US$45mil
With the acquisition, Fave will be rolled out in India, with more smart payment features to be introduced
Green Packet shareholders approve US$10mil acquisition of eKYC firm Xendity
Shares issued in 3 tranches over 3 financial years, based on targets Projected 15% CAGR with projected US$25mil revenue over 5 years
iCar Asia receives acquisition offer from China’s Autohome
iCar, the owner of a network of automotive portals, announces it has received a non-binding proposal from Autohome, as well as the first drawdown of its loan facility agreement with Catcha Group
Patrick Grove’s Frontier Digital Ventures raises A$100 mil, makes 3 emerging market acquisitions
Acquires marketplaces in Columbia, Tunisia & Morocco for A$56mil Leverage experience building iProperty, replicate in emerging markets
Green Packet snaps majority stake in payment processing firm, T-Melmax
Forms JV with Censof Holdings, fills gap for SMEs looking for 1-stop provider Acquisition a core building block in Green Packet’s transformative purpose
Malaysia’s Merchantrade acquires fintech player, Valyou from Telenor Group
Merchantrade becomes Malaysia’s top money services business operator Primed for regional expansion, follows increase stake in Singapore’s KLIQ [Ed: Headline corrected to reflect that Valyou is more than an e-wallet provider.]
Rev Asia to acquire iMedia in all stock deal
Acquisition worth up to US$9.7mil, depending on iMedia’s 2021 net profit Reunites parties which sold digital media startup to Media Prima in 2017
JurisTech Acquires Beleaguered iMoney for undisclosed sum
Acquisition allows both companies to expand their services and solutions Lee Ching Wei finds buyer within a month of major investor, iSelect pulling out
Hua-An to acquire data analytics companies Human Capient, MD Labs for US$6.2mil
The investment holding company has signed a Sales and Purchase Agreement to two notable business intelligence and data analytics providers to strengthen their digital enabler aspect and develop new income streams.
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