Acquiring Company
Zetrix AI Bhd
Acquired Company
MYEG Ventures
Malaysia
PhilippinesInformation TechnologyArtificial IntelligenceBlockchainCryptocurrencyInformation TechnologyIt ManagementInformation ServicesDescription
Zetrix AI Bhd is acquiring a 50% stake in MYEG Ventures Inc for RM130 million through a cash-and-share deal. This acquisition aims to strengthen Zetrix AI's expansion strategy in the Philippines. Upon completion, MYEG Philippines will become a subsidiary of Zetrix AI. The move is expected to broaden the company's operations and customer base.
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Based on deal dataFrequently asked
Who acquired MYEG Ventures?
MYEG Ventures was acquired by Zetrix AI Bhd, based in Malaysia. The deal was reported on September 2, 2026. Zetrix AI Bhd is a digital services provider. The company focuses on technology-driven solutions and services. It aims to expand its presence in various markets, particularly in Southeast Asia. Zetrix AI Bhd is privately held and operates in Information Technology.
When did Zetrix AI Bhd acquire MYEG Ventures?
Zetrix AI Bhd's acquisition of MYEG Ventures was reported on September 2, 2026. Zetrix AI Bhd is acquiring a 50% stake in MYEG Ventures Inc for RM130 million through a cash-and-share deal. This acquisition aims to strengthen Zetrix AI's expansion strategy 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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