Malaysia’s Cloudaron to acquire realtors8 for US$3.2 million

Cloudaron Group, a cloud service company based in Kuala Lumpur has entered into an agreement with ASX-listed 8common Limited for the acquisition of its subsidiary firm realtors8, for SGD4.23 million (about US$3.2 million) The transaction is expected to be completed by the second quarter of 2018 where realtors8 will become a wholly-owned subsidiary of Cloudaron. … Read more

Sun Pharma’s arm hikes stake in Ranbaxy Malaysia

Sun Pharmaceutical Industries’ one of the wholly owned subsidiaries has increased its shareholding in Ranbaxy Malaysia, Malaysia, by way of further purchase of 386,865 shares of face value of MYR 1.00 each (equivalent to 4.84%) of Ranbaxy Malaysia. Ranbaxy Malaysia, is a subsidiary of the company, and the total shareholding of Sun Pharmaceutical Industries along … Read more

Malaysia’s Frontier Digital Venture to invest in Philippines property portal Hoppler

ASX-listed Frontier Digital Ventures, an operator of online classified businesses in frontier and emerging markets has recently placed an investment in Philippines-based property marketplace Hoppler. The investment in Hoppler is said to follow Frontier Digital’s strategy of transitioning its revenue mix to be closer to transaction and partnership with local entrepreneurs. At present, the venture … Read more

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