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KUALA LUMPUR: Shares in Sedania Innovator Bhd rose over 8% in early trade Friday after the company announced that it is venturing into esports business.
KUALA LUMPUR: Sedania Innovator Bhd is venturing into the electronic sports (eSports) business.
KUALA LUMPUR: The company, in a filing with Bursa Malaysia today, said it has entered into an agreement with an Australian mobile game developer iCandy Interactive Ltd and eSports.com AG former CEO Michael Broda to set up a joint venture Esports Pte Ltd (ESPL).
Malaysia Digital Economy Corporation (MDEC) and videogame investor iCandy Interactive Limited signed an MoU over efforts to promote blockchain technology in game making in Malaysia.