iMedia acquires stakes in top online Chinese media in M’sia


Source: thesundaily.my thesundaily.my

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iMedia acquires stakes in top online Chinese media in M’sia 29 Sep 2020 / 09:30 H. iMedia CEO and Co-founder Voon Tze Khay. KUALA LUMPUR: iMedia, one of Malaysia’s leading integrated digital media groups, has acquired a controlling stake in Goody25 (www.goody25.com), one of the leading Chinese Language websites in Malaysia. iMedia, recently announced its own plans to join Bursa Malaysia via its own 100% acquisition by Rev Asia Berhad, currently listed on Bursa Malaysia for approximately RM40m. Upon approval by regulators and shareholders, the Goody25 acquisition will be part of iMedia’s move to Bursa Malaysia. The acquisition of Goody25...