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25-11-2014, 11:53 AM
(This post was last modified: 25-11-2014, 12:08 PM by specuvestor.)
Malaysia Boleh... At least they got the heart not to con own countrymen 
Note the names:
Malaysia-headquartered e-payment services firm MOL AccessPortal (MOL) has launched its MOLPoints online game and digital goods payment platform in the US and Brazil in collaboration with its Silicon Valley subsidiary Rixty, Inc.
During the launch in San Francisco, which was witnessed by the Malaysian Prime Minister Dato' Sri Mohd Najib Bin Tun Abdul Razak, MOL Global chief executive officer Ganesh Kumar Bangah said its subsidiary MOL AccessPortal' s micropayment system MOLPoints is to be distributed across Rixty's distribution channels of more than 140,000 stores in the US and Brazil.
http://www.cio-asia.com/tech/internet/ma...-americas/
MOL Global Pte, the online payments company backed by Malaysian billionaire Vincent Tan, picked Credit Suisse Group AG and Deutsche Bank AG to work on an initial public offering in the U.S., said two people with knowledge of the matter.
The Kuala Lumpur-based company plans to seek about $300 million this year, said the people, who asked not to be identified because the information is private. MOL Global changed an earlier plan for an IPO in Malaysia because most comparable companies are listed in the U.S., one person said.
MOL Global’s IPO preparations come four years after it acquired Friendster Inc., owner of one of the earliest social networking sites. The proceeds will help it better compete with payment providers including EBay Inc. (EBAY)’s PayPal unit, which has been expanding in emerging markets.
Ganesh Kumar Bangah, the chief executive officer of MOL.com, didn’t immediately return an e-mail seeking comment.
MOL Global would be the first Southeast Asian company in more than four years to carry out an IPO in the U.S., data compiled by Bloomberg show. Chinese companies raised $906 million through U.S. initial offerings last year, according to the data.
MOL Global, founded in 2000, handles more than 60 million payments annually totaling at least $300 million, according to its website. In 2009, it bought Friendster to tap into its Asian subscriber base.
http://www.bloomberg.com/news/2014-01-17...sting.html
DEUTSCHE Bank has advised investor caution about shares in MOL Global Inc a day after it issued a buy recommendation for the Malaysian online payment firm it helped go public almost two months ago.
The warning by Deutsche analysts on Friday came after shares in MOL fell 54 per cent after it said in a stock exchange filing that it would delay earnings, and announced its chief financial officer was leaving.
https://my.news.yahoo.com/deutsche-advis...35103.html
Note the names:Malaysia-headquartered e-payment services firm MOL AccessPortal (MOL) has launched its MOLPoints online game and digital goods payment platform in the US and Brazil in collaboration with its Silicon Valley subsidiary Rixty, Inc.
During the launch in San Francisco, which was witnessed by the Malaysian Prime Minister Dato' Sri Mohd Najib Bin Tun Abdul Razak, MOL Global chief executive officer Ganesh Kumar Bangah said its subsidiary MOL AccessPortal' s micropayment system MOLPoints is to be distributed across Rixty's distribution channels of more than 140,000 stores in the US and Brazil.
http://www.cio-asia.com/tech/internet/ma...-americas/
MOL Global Pte, the online payments company backed by Malaysian billionaire Vincent Tan, picked Credit Suisse Group AG and Deutsche Bank AG to work on an initial public offering in the U.S., said two people with knowledge of the matter.
The Kuala Lumpur-based company plans to seek about $300 million this year, said the people, who asked not to be identified because the information is private. MOL Global changed an earlier plan for an IPO in Malaysia because most comparable companies are listed in the U.S., one person said.
MOL Global’s IPO preparations come four years after it acquired Friendster Inc., owner of one of the earliest social networking sites. The proceeds will help it better compete with payment providers including EBay Inc. (EBAY)’s PayPal unit, which has been expanding in emerging markets.
Ganesh Kumar Bangah, the chief executive officer of MOL.com, didn’t immediately return an e-mail seeking comment.
MOL Global would be the first Southeast Asian company in more than four years to carry out an IPO in the U.S., data compiled by Bloomberg show. Chinese companies raised $906 million through U.S. initial offerings last year, according to the data.
MOL Global, founded in 2000, handles more than 60 million payments annually totaling at least $300 million, according to its website. In 2009, it bought Friendster to tap into its Asian subscriber base.
http://www.bloomberg.com/news/2014-01-17...sting.html
DEUTSCHE Bank has advised investor caution about shares in MOL Global Inc a day after it issued a buy recommendation for the Malaysian online payment firm it helped go public almost two months ago.
The warning by Deutsche analysts on Friday came after shares in MOL fell 54 per cent after it said in a stock exchange filing that it would delay earnings, and announced its chief financial officer was leaving.
https://my.news.yahoo.com/deutsche-advis...35103.html
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Think Asset-Business-Structure (ABS)
Think Asset-Business-Structure (ABS)