AIM-listed MySQUAR acquires MyPAY Myanmar, raises $2.9m to fund deal

AIM-listed MySQUAR acquires MyPAY Myanmar, raises $2.9m to fund deal

FILE PHOTO: View of downtown Yangon, Myanmar September 23, 2015. REUTERS/Soe Zeya Tun/File photo

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.

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