What iCar’s valuation means for M’sian tech firms


Ivor Ries

Analyst says while iCar may not be widely recognised in Malaysia, investors outside the country already see it as an emerging technology leader.

REV Asia Bhd’s planned disposal of a 27% stake in Australia-listed website operator iCar Asia Ltd for a healthy RM210mil is set to create a record of sorts, at least in this part of the world.

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