Azrin:
PETALING JAYA: Sedania Innovator Bhd
’s (SIB) recent proposed acquisition of Sedania As Salam Capital (SASC) for RM12mil is a leap into the fintech sector as the company believes in its potential growth in the Islamic banking space.
The technology company’s rational for the acquisition seems rather clear: SASC provides the As-Sidq system and is currently utilised by 21 financial services companies in Malaysia.
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