By Tanu Pandey
No financial details were given with regard to the exits.
Founded in 2008, Sweden-based Pixlr was acquired by Autodesk in 2011.
Malaysia reached an agreement to pay Abu Dhabi about $1.2 billion as settlement over the debt of embattled government fund 1Malaysia Development Bhd. Abu Dhabi sovereign wealth fund International Petroleum Investment Co. will get half the amount by the end of July and the rest by the end of this year, according… Read more »
The company raised a total of $3.93 million in an IPO
Under a deal that could be signed as soon as Friday, Malaysia would pay Abu Dhabi $1.2 billion.
Real estate and infrastructure now make up 4% of EPF’s total investment assets.
The company is also looking to raise about $338 mn this year to pare its debt
Kuwait Finance House Malaysia appointed a new CEO David Power last year.
Last year Touristly raised funds from Tony Fernandes led Tune Labs
This is an add-on to the $600m being raised by edotco through a PE placement.