Asiasoft acquires Malaysian gaming firm
- Published: 21/02/2012 at 08:15 AM
- Newspaper section: Business
The SET-listed Asiasoft acquired the Malaysia-based online game provider CIB Development for 280 million baht in a drive to widen its business abroad.
Asiasoft (AS) acquired 61.68% of Malaysia's market-leading firm last Wednesday, helping it to become the No.1 player in Malaysia with a 43% market share, up from its previous 17% share.
The Thai online gaming firm will expand to the Philippines this year, said Pramoth Sudjitporn, Asiasoft's chief executive.
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About the author
- Writer: Suchit Leesa-nguansuk
- Position: Reporter
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