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Disposal of Wirecard Subsidiaries in Asia well advanced - Further sale in Indonesia - Transactions completed in Hong Kong and Malaysia


Disposal of Subsidiaries in Asia well advanced:
Further sale in Indonesia - transactions completed in Hong Kong and Malaysia
Munich/Aschheim/Dublin/Kuala Lumpur/Hong Kong/Jakarta, 12 July 2021. The insolvency administrator has achieved further success in completing additional divestitures as part of the insolvency
proceedings regarding the assets of Wirecard AG and Wirecard Sales International Holding GmbH. Specifically, this week the shares of two of four subsidiaries in the Asian-Pacific region were sold
and transferred to Finch Capital. This was achieved in spite of the difficult circumstances for the consummation of the transaction due to the current lockdown in Malaysia and hence the insolvency ....

Hong Kong , United States , Jawa Tengah , Kuala Lumpur Hong Kong , Stadtwerke Gera Aktiengesellschaft , Michael Jaff , Sebastian Brunner , Leo Kirch , Knaus Tabbert , Wirecard Thailand Co Ltd , Money Philippines Inc , Nomu Pay Ltd , Petroplus Group , Grob Aerospace , Sebastian Brunner Communications , Distribution Services , Cinterion Wireless Modules Holding Gmb , Wirecard Service Technologies Gmb , Munich Local Court , Gmbh Co , Pro Health , Wirecard Sales International Holding Gmb , Dero Bank , Wirecard Sales International Holding , Finch Capital , Nomu Pay ,

Sebastian Brunner Communications: Insolvency Administrator Dr Michael Jaffé: Further Successful Sale in Asia


(1)
MUNICH and ASCHHEIM, GERMANY / BANGALORE, INDIA / ACCESSWIRE / July 7, 2021 / The insolvency administrator of Wirecard Sales International Holding GmbH, Rechtsanwalt Dr Michael Jaffé, has successfully sold another Asian entity.
Following an international bidding process, the Indian subsidiary Wirecard Forex India Private Limited has been sold to NIUM Pte. Ltd., a global payment service provider, specializing in the field of cross-border transfers and card issuance.
Wirecard Forex India Private Limited is a foreign currency exchange, pre-paid card and remittance service provider in India licensed by the Reserve Bank of India as Authorized Category II Money Exchange Dealer. The Company and its nearly 190 employees provides the Indian market with foreign currency exchange and money remittance services. The transaction is still subject to certain conditions, in particular, approval by the local banking control authority. ....

Michael Jaff , Sebastian Brunner , Wirecard Sales International Holding Gmb , Wirecard Forex India Private , Sebastian Brunner Communications , Wirecard Sales International Holding Gmbh , Rechtsanwalt Dr Michael Jaff , Wirecard Forex India Private Limited , Forex India Private Limited , Reserve Bank , Authorized Category , Wirecard Forex India , செபாஸ்டியன் ப்ருன்னேர் , வயர்கார்டு விற்பனை சர்வதேச வைத்திருத்தல் க்ம்ப் , செபாஸ்டியன் ப்ருன்னேர் தகவல்தொடர்புகள் , வயர்கார்டு விற்பனை சர்வதேச வைத்திருத்தல் கஂப் , இருப்பு வங்கி ,

Investegate |Sebastian Brunner Announcements | Sebastian Brunner: Nium acquires Wirecard subsidiary in India

South Korean payment processor BC Card acquires 100 per cent stake of Wirecard Vietnam


South Korean payment processor BC Card acquires 100 per cent stake of Wirecard Vietnam
16:22 | 22/05/2021
South Korean credit card issuer BC Card has reportedly wholly acquired Vietnamese terminal firm Wirecard Vietnam as part of its Southeast Asian expansion strategy.
South Korea s biggest payment processing company BC Card will complete the sale of Wirecard Vietnam in the third quarter of this year
South Korea s biggest payment processing company and local brand network, BC Card provides various forms of digital payment services to respond to the fast-paced payments market.
BC Card provides end-to-end payment services primarily to financial institutions as well as to merchants through its subsidiaries. Its major shareholders include KT Corporation – South Korea s largest telecommunications company – and Woori Bank. ....

Hong Kong , Republic Of , South Korea , South Korean , National Payment Corporation Of Vietnam , Wirecard Singapore Pte Ltd , Kt Corporation , Wirecard Sales International Holding Gmb , Woori Bank , Wirecard Vietnam , Wirecard Singapore Pte , Wirecard Sales International Holding Gmbh , National Payment Corporation , Financial Times , ஹாங் காங் , குடியரசு ஆஃப் , தெற்கு கொரியா , தெற்கு கொரியன் , தேசிய கட்டணம் நிறுவனம் ஆஃப் வியட்நாம் , க்ட் நிறுவனம் , வயர்கார்டு விற்பனை சர்வதேச வைத்திருத்தல் க்ம்ப் , வூரி வங்கி , வயர்கார்டு சிங்கப்பூர் ட் , வயர்கார்டு விற்பனை சர்வதேச வைத்திருத்தல் கஂப் , தேசிய கட்டணம் நிறுவனம் , நிதி முறை ,