Creador to take 20% stake in Malaysia's GHL, back e-pay acquisition
Creador will take a 20% stake in Malaysia-based payment services provider GHL Systems through a private placement of new shares. The capital will in part be used to finance GHL’s proposed acquisition of Australian Securities Exchange-listed e-pay Asia.
This is the first disclosed investment from Creador's second fund. The vehicle, which backs companies in Southeast Asia and India, reached a first close of $105 million in August. It has a full target...
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