Navis Exits Stake in Malaysian ICT Company Strateq via Sale to StarHub for ~USD31m

Source(s): Navis Capital Partners

Navis Capital Partners has exited its controlling stake in Malaysia-based information and communications technology (ICT) company Strateq via a sale to a subsidiary of Singapore-listed StarHub for MYR130m (approximately USD31m). Navis might receive an additional MYR30m (approximately USD7m) based on Strateq’s performance in 2021. Read more