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icapital.biz / corporate news / CIMB / Joint venture
On 24 Jul 2017, its 52.22% owned subsidiary, Touch N Go S/B has entered into an investment agreement with Alipay Singapore E-Commerce P/L to set up TNG Digital S/B (TNG Digital), a joint venture entity to be incorporated in Malaysia. Bank Negara Malaysia has approved the incorporation of TNG Digital.