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Allied Technologies buys 51% stake in Asia Box Office for $30 mil

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Allied Technologies buys 51% stake in Asia Box Office for $30 mil

PC Lee Published on Tue, Apr 03, 2018 / 9:21 PM GMT+8

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SINGAPORE (Apr 3): Allied Technologies has entered into a sale and purchase agreement with Platform Internet Capital to purchase a 51% stake in Asia Box Office for $30 million.

This followed the January signing of a binding memorandum of understanding (MOU) between Allied Technologies and Platform Internet Capital on the acquisition.

See: Allied Technologies to acquire 51% stake in Asia Box Office