PETALING JAYA: Catcha Media Bhd is waiving its rights to a call option agreement entered in November 2010 between the company and substantial shareholder Catcha Group Pte Ltd (CGPL), upon the request of the latter.
The option agreement gave Catcha the right to purchase a 51% stake in Catcha Digital Asia Pte Ltd (CDA), a subsidiary of CGPL, at a purchase consideration to be determined later.
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