TNG group chief executive officer Effendy Shahul Hamid said the recognised market operator status would allow the company to offer innovative digital offerings to its customers.
KUALA LUMPUR: TNG Digital Sdn Bhd (TNG), a subsidiary of Touch ‘n Go, can now operate as a recognised market operator, which allows the company to directly distribute capital market products through its e-wallet platform without being directed to third-party applications.
This comes after TNG received a conditional approval from the Securities Commission (SC), making it the first e-wallet to obtain this approval.
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