Friday, September 29, 2023
Khmer Daily Cambodia News
34 °c
Phnom Penh
  • LATEST
  • CAMBODIA
  • ASIA
    • JAPAN
    • SOUTH KOREA
    • TAIWAN
  • WORLD
    • CHINA
    • RUSSIA
  • BUSINESS CAMBODIA
  • TECHNOLOGY
No Result
View All Result
  • LATEST
  • CAMBODIA
  • ASIA
    • JAPAN
    • SOUTH KOREA
    • TAIWAN
  • WORLD
    • CHINA
    • RUSSIA
  • BUSINESS CAMBODIA
  • TECHNOLOGY
No Result
View All Result
The Khmer Daily
No Result
View All Result
Home ASIA Cambodia

SMART Axiata, Cambodia Telcom company, merger with Cambodia cashless payment platform Pi Pay for $2 million

July 20, 2020
in Business, Cambodia, National, Tech
0
SMART Axiata, Cambodia Telcom company, merger with Cambodia cashless payment platform Pi Pay for $2 million
0
SHARES
38
VIEWS
Share on FacebookShare on Twitter

SMART Axiata’s subsidiary SmartLuy PLC has merged with cashless-payment platform Pi Pay PLC after the National Bank of Cambodia (NBC) and the Ministry of Commerce of Cambodia (MOC) approved the corporate exercise.

Mobile telecommunication network provider Axiata Group said in a Bursa Malaysia filing today notification of the successful application for the merger was received from the NBC and the MOC yesterday when the legal existence of SmartLuy ceased with the continuance of SmartLuy and Pi Pay as one entity.

“The cessation of SmartLuy will not have any material effect on the earnings or net assets of the Axiata Group for the financial year ending Dec 31, 2020.

“The cost of investment of SmartLuy is $2 million. None of the directors or major shareholders of Axiata or persons connected with them have any interest, direct or indirect, in the said cessation,” Axiata Group said.

Axiata Group said SmartLuy is a subsidiary held through Smart Axiata Co Ltd and Axiata (Cambodia) Holdings Ltd. Axiata Group claimed that Pi Pay is a leading cashless-payment platform in Cambodia. The Edge Markets

This article was first published in Khmer Times. All contents and images are copyright to their respective owners and sources.

Tags: CambodiaCambodia cashlessCambodia cashless paymentCambodia cashless payment platformCambodia TelcomCambodia Telcom companycashless payment platform Pi Paypayment platform Pi PaySmart Axiata
Previous Post

Thai protesters call for government to resign

Next Post

Thai protesters take aim at army after anti-government rallies

Related Posts

Neak Poan Temple is a destination for tourists to visit and take beautiful pictures

Neak Poan Temple is a destination for tourists to visit and take beautiful pictures

by Khmer Times
July 3, 2023
0
17

Neak Poan Temple is one of the most attractive tourist destinations among the ancient temples, which is located along the...

Cambodian pepper gains direct export rights to China

Cambodian pepper gains direct export rights to China

by Khmer Times
July 3, 2023
0
16

The Chinese Embassy in Cambodia announced today that Cambodian pepper has completed all export procedures to China, which means can...

Wrapped in blanket, dumped in pond: Top South Korean livestreamer found dead in Cambodia

Wrapped in blanket, dumped in pond: Top South Korean livestreamer found dead in Cambodia

by AsiaOne
June 14, 2023
0
38

One of South Korea's top livestreamers was recently found dead in Cambodia. Byeon Ah-young's body was discovered — wrapped in a...

Most Popular

Cambodia’s vehicle industry grown nearly 24% in nine months in 2021

Cambodia’s vehicle industry grown nearly 24% in nine months in 2021

January 1, 2022
109
At least 146 dead, 150 injured in stampede during Halloween festivities in Seoul

At least 146 dead, 150 injured in stampede during Halloween festivities in Seoul

October 30, 2022
135
Wrapped in blanket, dumped in pond: Top South Korean livestreamer found dead in Cambodia

Wrapped in blanket, dumped in pond: Top South Korean livestreamer found dead in Cambodia

June 14, 2023
38
Neak Poan Temple is a destination for tourists to visit and take beautiful pictures

Neak Poan Temple is a destination for tourists to visit and take beautiful pictures

July 3, 2023
17
PTT (Cambodia) Ltd launches three EV charging stations in Cambodia

PTT (Cambodia) Ltd launches three EV charging stations in Cambodia

March 4, 2023
15
Nearly 10,000 national and international tourists flock to see Equinox at Angkor Wat Temple

Nearly 10,000 national and international tourists flock to see Equinox at Angkor Wat Temple

March 22, 2023
21

© 2020 By Khmer Daily News

No Result
View All Result
  • Home
  • Latest
  • Cambodia
  • ASIA
  • World
  • Business
  • Tech

© 2019 The Khmer Daily.

error: Content is protected !!