Wednesday, May 11, 2011

mTouche Sells Stake in Telecom Services Firm

Published: 2011/05/11


MTOUCHE Technology Bhd has signed a conditional sale and purchase agreement with Sedania Corp Sdn Bhd to sell its 20 per cent stake in IDOTTV Sdn Bhd for RM3.5 million.

IDOTTV is involved in telecommunication services.

In a filing to Bursa Malaysia yesterday, mTouche said the sale is in line with its strategy to streamline its business operations.



Read more: mTouche sells stake in telecom services firm http://www.btimes.com.my/Current_News/BTIMES/articles/20110510235038/Article/#ixzz1M19scHZi

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