Catcha Digital acquires 60 percent stake in Drive 2 Digital for...

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2024-12-21 13:19:02

Catcha Digital acquires 60 percent stake in Drive 2 Digital for $3.59 million

Malaysian digital media firm Catcha Digital Berhad has on Friday announced that it has acquired a 60 percent interest in Drive 2 Digital Sdn Bhd (D2D) for a cash consideration of MYR 16.2 million ($3.59 million) to strengthen its position in automotive digital media. Catcha Digital said in a statement that its wholly-owned subsidiary iMedia Asia Sdn Bhd (iMedia) has entered into a share sale...

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