TNG Digital to close fundraising by mid-2021


Effendy Shahul Hamid

KUALA LUMPUR: TNG Digital Sdn Bhd, the e-wallet joint venture between CIMB Group Holdings Bhd’s Touch ‘n Go Sdn Bhd and China’s Ant Group, is looking to close its fundraising exercise by mid-2021.

Touch ‘n Go Group chief executive officer Effendy Shahul Hamid said they have gained positive traction from a combination of corporates and private equity funds.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Related stories:

Touch 'n Go launches GO+

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Touch ‘n Go , Ant Group , GO+ , TNG Digital

   

Next In Business News

Boon or bane?
Bane or boon?
Staying RE-laxed in Malaysia
GDP growth on track with 5.3% 3Q expansion
Planters on better footing for monsoon
Beware the tax
It looks terrific for terraced houses
HR challenges in strata property
Ringgit to see tight trading amid cautious mode next week
PM Anwar: RM1.24bil potential export to Peru generated

Others Also Read