CMIA Capital, Malaysia's Affin Hwang acquires app provider Bitsmedia

CMIA Capital, Malaysia's Affin Hwang acquires app provider Bitsmedia

Reflection of mosque in the water

Private equity firm CMIA Capital Partners and Malaysian fund manager Affin Hwang Asset Management have acquired a majority stake in Bitsmedia Holdings Ltd, a mobile application serving the Muslim population with prayer timings.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter