MNC Wireless signs MoU with Hot TV to develop lifestyle e-commerce platform | Malay Mail

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KUALA LUMPUR, April 13 — MNC Wireless Bhd plans to invest RM5.5 million to develop a lifestyle e-commerce platform with the inking of a memorandum of understanding with Hot TV Entertainment Sdn Bhd. In the MoU, MNC expressed its interest to acquire, invest, develop or collaborate with Hot TV,...

Wednesday, 13 Apr 2022 07:34 PM MYT

In the MoU, MNC expressed its interest to acquire, invest, develop or collaborate with Hot TV, which specialises in e-commerce lifestyle digital platforms and wireless telecommunications services. “This capital was raised from MNC’s 30 per cent private placement, which was completed early this year,” he said in a statement today.

The lifestyle e-commerce platform combines social media features with an e-commerce marketplace that matches buyers and merchants.

 

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