Flexiroam, a niche player in the Malaysian telecommunication industry, is aiming to become the leading roaming provider in Asia by 2020, says its founder and chief executive officer Jef Ong Kenn Tat.
KL-based company Flexiroam Ltd said it is seeking to raise up to A$12 million (US$9.4 million) through an initial public offering (IPO) on the Australian Securities Exchange (ASX).
ASX-listed venture investment firm Fatfish Internet Group Ltd (FFG) said that iCandy Interactive Ltd, an intended spinoff of its mobile games assets which it aims to publicly list, will have a revised enterprise value (EV) of approximately A$40 million (US$31 million).
Internet venture accelerator Fatfish plans to spin off its mobile games studio investments as a separate entity, and subsequently list it on ASX, writes Goh Thean Eu.
Alibaba Group Holdings Ltd founder Jack Ma said that the key for Internet companies to surviving and enjoying long and prosperous lives would depend on how well they work together with traditional brick-and-mortar companies, Goh Thean Eu reports from CeBIT 2015 in Hannover, Germany.
FashionValet founder Fadzarudin Anuar talks to Karamjit Singh about his game plan to expand the business after receiving ‘multimillion dollars’ in funding from Elixir Capital via its ECM Straits Fund.
20 to 30 members of Malaysian team told they would be laid off Company withdraws from India, Hong Kong and Indonesia; regional executive leaves
Fourteen years after quitting college on receiving RM2 million (US$618,000 at current rates) in funding from his main investor Malaysian billionaire Vincent Tan, Ganesh Kumar Bangah has repaid his confidence by taking his online-to-offline (O2O) payment company MOL Global Inc to a Nasdaq listing.
Dotcom pioneer MOL Global Inc, which is expected to list on the Nasdaq Global Market the first week of October, registered a solid first-half performance, seeing net profit more than double to RM11.2 million (US$3.5 million) versus RM5.1 million (US$1.6 million) in the first half of last year.
Sydney- and Singapore-headquartered 8common Limited said that its initial public offering (IPO) has now closed well oversubscribed following strong support from Australian- and Asian-based investors.