IPO
FashionValet the wiser second time around
FashionValet founder Fadzarudin Anuar talks to Karamjit Singh about his game plan to expand the business after receiving ‘multimillion dollars’ in funding from Elixir Capital via its ECM Straits Fund.
Easy Taxi scales down Malaysian ops, layoffs begin
20 to 30 members of Malaysian team told they would be laid off
Company withdraws from India, Hong Kong and Indonesia; regional executive leaves
MOL on Nasdaq: ‘This is just the beginning’
Fourteen years after quitting college on receiving RM2m funding from his main investor, Malaysian billionaire Vincent Tan, Ganesh Kumar Bangah has repaid his confidence by taking his online-to-offline (O2O) payment company MOL Global Inc to a Nasdaq listing.
Stellar first-half performance by Nasdaq-bound MOL Global
Dotcom pioneer MOL Global Inc, which is expected to list on the Nasdaq Global Market the first week of October, registered a solid first-half performance, seeing net profit more than double to RM11.2 million (US$3.5 million) versus RM5.1 million (US$1.6 million) in the first half of last year.
8common IPO oversubscribed, prepares for ASX debut Aug 27
Sydney- and Singapore-headquartered 8common Limited said that its initial public offering (IPO) has now closed well oversubscribed following strong support from Australian- and Asian-based investors.
Catcha.com’s Nic Lim to get his IPO … 14 years later
One-time dotcom darling Nic Lim has waited 14 years to list and will finally get his day in mid-August on the Australian Stock Exchange.
Digerati50: The entrepreneur who turned down US$63mil
Digital News Asia (DNA) continues a weekly series that profiles the top 50 influencers, movers and shakers who are helping shape Malaysia’s Digital Economy. These articles are from Digerati50, a special print publication released in January 2014. For information on customised reprints of Digerati50, email [email protected].
Week in Review: MOL listing will inspire SEA ecosystem
How many entrepreneurs throughout South-East Asia will be inspired by Ganesh Kumar Bangah’s MOL Global and its Nasdaq listing? Karamjit Singh wonders, while encouraging entrepreneurs to read and learn from the company’s preliminary prospectus.
MOL Global’s Ganesh Kumar Bangah on cusp of Nasdaq listing
Almost 20 years after beginning his entrepreneurial journey while still a teenager, Ganesh Kumar Bangah, MOL Global Inc founder and CEO, is on the cusp of listing his company on New York’s Nasdaq market. Karamjit Singh looks through his prospectus and shares some of the key points that strike him.
MOL Global IPO proceeds to be partly used to repay MDV loan
IPO proceeds will be used to repay debts, among other uses
No plans to pay dividends in the foreseeable future
