Malaysia’s PE firm Ekuinas sells its stake in Tranglo to Hong Kong’s TNG for US$27.5M

Tranglo is a cross-border mobile transaction gateway that facilitates airtime transfer and money remittance in Southeast Asia, Hong Kong and China Malaysia’s state-owned private equity firm Ekuinas has sold its entire 60 per cent stake in Tranglo, a cross-border mobile transaction company, to Hong Kong-based TNG FinTech Group for RM114.9 million (US$27.5 million). This is Ekuinas’s […] The post Malaysia’s PE firm Ekuinas sells its stake in Tranglo to Hong Kong’s TNG for US$27.5M appeared first on e27.