VALUE CREATION CASE STUDIES

Tranglo Sdn Bhd

  • Incorporated in 2009 with headquarters in Kuala
    Lumpur, and international offices in Indonesia,
    Middle East, and the United Kingdom.
  • Provides the platform for mobile telecommunication companies (Telcos) to facilitate cross border
    transfer of prepaid credit and money remittance in
    a fast, easy and secure manner.
  • Expanded services to local and international money remittance companies.

Investment Rationale:

  • An industry pioneer with a strong track record and longstanding relationships with Malaysian and global Telcos.
  • A growing business in cross border mobile money
    remittance services, which offers significant potential.

Transaction Details:

Investment type
Majority investment in a strong Malaysian company
Ownership
60.0%
Acquisition Date
March 2015

Ekuinas has been very supportive of the Company’s growth initiatives, providing the necessary funding when required to achieve the milestones it has seen to date.

Teo Wei Min,
Chief Financial Officer