Acquiring Company
IPVG Employees
Acquired Company
MYEG Ventures
Description
Zetrix AI Bhd announced the proposed acquisition of a 50% equity interest in MYEG Ventures by IPVG Employees Inc. This acquisition is part of Zetrix's strategy to strengthen its presence in the Philippines. The completion of the deal is expected by the end of Q3 2026. The purchase consideration is set at RM130.0 million.
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M&A Insights
Based on deal dataFrequently asked
Who acquired MYEG Ventures?
MYEG Ventures was acquired by IPVG Employees, based in Philippines. The deal was reported on September 9, 2026. IPVG Employees Inc is a Philippine-based corporate entity involved in multiple business sectors. It focuses on strategic investments and acquisitions. IPVG Employees is privately held and operates in Venture Capital.
When did IPVG Employees acquire MYEG Ventures?
IPVG Employees's acquisition of MYEG Ventures was reported on September 9, 2026. Zetrix AI Bhd announced the proposed acquisition of a 50% equity interest in MYEG Ventures by IPVG Employees Inc. This acquisition is part of Zetrix's strategy to strengthen its presence in the Philippines. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does MYEG Ventures do?
MYEG Ventures Inc is an information technology services provider. The company specializes in delivering IT solutions and services. It holds a significant stake in MYEG Philippines Inc. MYEG Ventures aims to enhance digital service capabilities in the region. It is privately held, operating in Information Technology, and is based in Philippines.
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