Industronics signs MoU with Hong Kong’s Bluemount to venture into fintech

Industronics signs MoU with Hong Kong’s Bluemount to venture into fintech

The Edge Markets - Malaysia·2021-03-23 15:00

KUALA LUMPUR (March 23): Electronics company Industronics Bhd has entered into a non-binding memorandum of understanding (MoU) with Hong Kong's Bluemount Financial Group Ltd and its shareholder and director Li Hok Yin today to further discuss and negotiate the terms and conditions with regard to the proposed acquisition of Bluemount shares for the purpose of venturing into the financial services industry, specifically exploring the fintech industry.

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