Malaysia

Catcha Group will become a shareholder of the Carsome Group in exchange for the sale of its shares in iCar Asia to Carsome.

Pickupp Malaysia plans to expand coverage of more territories in Malaysia, grow its workforce of delivery agents, and continue investing in technology to further improve its offerings in the market.

CEO Tony Fernandes said a few technology-focused SPACs have approached the airline group, and AirAsia has engaged auditors for a deal to list the unit.

The purchase considerations for the proposed acquisitions will be wholly satisfied by the issue of new shares in the AirAsia SuperApp. Gojek will own 4.76 percent in AirAsia SuperApp after the proposed acquisition.

The development came after the startup is said to be weighing going public with special purpose acquisition company (SPAC) as option.

A diverse range of parties have submitted applications for the digital bank licence, ranging from banks, industry conglomerates, technology firms, e-commerce operators, FinTech players, cooperatives and state governments.

BigPay's consortium will be joining a crowded field for digital bank licences on offer. Malaysia central bank said it would issue up to five licenses by early 2022.

The Race for the five digital banking licenses heats up further as more consortiums and companies announced their application, including ride-hailing giant Grab-Singtel consortium, which bagged a digital full-bank license in Singapore last year. These consortiums also include overseas investors and technology partners from Singapore, Japan, and China.

Eligible users will be able to split purchases over three equal, interest-free installments. Repayments will be automatically drawn every month, with no fees charged for on-time payments. In addition, customers will earn up to 10 percent cashback with every purchase.

BookDoc has signed a Memorandum of Understanding ("MOU") with Childhope Philippines Foundation, Inc. in relation to corporate social responsibility (CSR) programs and promotions.