AIM-listed MySQUAR Ltd, a Myanmar-language social media, entertainment and payment platform, has announced the acquisition of mobile payment operator MyPAY Myanmar Ltd, for a consideration of £2 million ($2.6 million), according to its filing on the London Stock Exchange.
MySQUAR simultaneously also announced raising £2.2 million ($2.9 million) through a convertible bond issue offering to finance the acquisition.
