Singapore Telecommunications says wholly-owned subsidiary, SingTel Innov8, has acquired a 28.57% stake in 2359 Media, for $800,006.40.
As at Nov 30, the unaudited net asset value per share of 2359 Media was $3.50.
2359 Media is a Singapore-based mobile marketing provider whose core product offering is MobDis, a HTML5-based mobile advertisement creation platform that allows marketers and designers to rapidly create, publish and share engaging mobile advertisements.
Monday, January 10, 2011
SingTel Innov8 unit acquires 28.6% stake in 2359 Media
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