Malaysia's iCar Asia said to be in the market seeking buyers

Malaysia's iCar Asia said to be in the market seeking buyers

Alex Yoong at the iCar Asia office; pix taken from iCar Asia website.

Australian Securities Exchange-listed car marketplace iCar Asia is in the market seeking buyers for the company, according to multiple sources aware of the development.

Two industry sources told DealStreetAsia that iCar Asia’s CEO Hamish Stone, its board director and investor Catcha Group’s Patrick Grove, and bankers representing the company have been floating the deal to potential buyers in recent months.

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