Mida bridges Malaysian fintech start-up with UK firm


fintech2

KUALA LUMPUR: The Malaysian Investment Development Authority (Mida), through its dedicated unit, the Domestic Investment Coordination Platform (DICP), has enabled a Malaysian financial technology (fintech) start-up Neurogine Sdn Bhd to seal an acquisition deal with Hadigy Ltd, an investment holding company based in the UK.

The signing of the shareholders’ agreement would allow Hadigy Ltd to acquire a 30% stake or 1.929 million ordinary shares of Neurogine, a company specialising in digitalisation of mobile banking, mobile payment and digital asset solutions.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Salcon unit bags RM9.7mil sewerage deal
Brisk sales for Sunway’s Velocity 3
Scientex to deploy large-scale solar PV system
Minimal impact forecast for breweries from beer price hike
Wage reform concerns
VSTECS shares hit all-time high
Brahmal is major shareholder of MCE Holdings
Car sales expected to moderate this year
Making ESG accessible to all companies
ECRL project contractor starts system installation works

Others Also Read