BANGKOK BRIEF: Protesters opposed to the government's decision to withdraw soldiers from disputed land near the Preah Vihear temple are planning a demonstration near the Thai-Cambodian border Wednesda | eTurboNews | Travel News |
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AIA Malaysia reveals that it will be acquiring a minority stake in
TNG Digital, which is the owner of
Touch ‘n Go digital wallet. This deal will reportedly be a key part of a long-term strategic partnership.
The Edge reported that this transaction should make AIA the fourth listed shareholder of TNG Digital. The firm will be joining others with a stake in the firm, including
CIMB Group Holdings, China’s Fintech giant
Ant Group as well as New York’s investment company
Bow Wave Capital Management.
The report from the news outlet cited a source that revealed that this deal may value TNG Digital at around $700 million or about RM 3 billion.
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