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Great Eastern Holdings buys 21.9% stake in Axiata's Boost Holdings for $97 mil

Felicia Tan
Felicia Tan6/25/2020 06:24 PM GMT+08  • 2 min read
Great Eastern Holdings buys 21.9% stake in Axiata's Boost Holdings for $97 mil
Great Eastern Holdings announced that it has entered into a share subscription agreement with Boost Holdings, a fintech company incorporated in Malaysia.
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SINGAPORE (June 25): Great Eastern Holdings announced that it has entered into a share subscription agreement with Boost Holdings, a fintech company incorporated in Malaysia.

Boost is Malaysia’s largest e-wallet and lifestyle app with over 7.5 million users and 170,000 merchants.

The company is currently wholly-owned by Axiata Digital Services, the digital services arm of Axiata Group.

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