Catcha Digital announces two digital media purchases

KUALA LUMPUR: Catcha Digital Bhd's wholly-owned subsidiary iMedia Asia Sdn Bhd will be making equity acquisitions in two companies that are expected to improve the profitability of the group.

In a statement, the group said it will acquire the remaining 49% equity interest of Ittify Sdn Bhd it does not already own for RM3.43mil, paid in two tranches over two years.