Malaysian e-government services provider MY E.G. Services Berhad has announced that it will invest CNY15.0 million (around $2.4 million) for a 3.125 per cent interest in mobile augmented reality and virtual reality developer Ximmerse.
In an official statement, MYEG said that the investment agreement was signed on Monday by its venture investment arm MY E.G. Capital Sdn Bhd. The Malaysian service provider joins a number of other companies that have invested in the Chinese firm, including Lenovo Group, Guangfa Group and other financial investors.