It’s a far cry from its initial public offering price of RM4.55 in 2012. At that time, the IPO for Felda Global Ventures was the second largest in the world after Facebook’s.
Remember how MOLPay recently wrote to Zunar saying it was being asked to furnish details of the customers of his online transactions to the police?
All of a sudden, MOL has bigger problems than a pesky popular cartoonist:
Now, MOLPay is a payments solution for online merchants that comes under MOL Global Inc, whose headquarters are in KL.
Vincent Tan is the single largest shareholder (according to The Star) with a 45 per cent stake. (more…)