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

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SINGAPORE (April 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 S$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

Incorporated in Singapore, Asia Box Office is in the business of operating an e-commerce ticketing solutions platform for venues and event organisers, with focus on...(click on link for full story on theedgesingapore.com)