About company
They are a blank check company. Their efforts to identify a prospective target business will not be limited to a particular industry or geographic location, although they currently intend to focus on technology companies involved in Artificial Intelligence (AI), FinTech and Financial Services, the Metaverse, the Internet of Things (IoT), eCommerce, social commerce, Industry 4.0 (IR4.0), as well as areas surrounding the new digital economy, in the ASEAN region. However, they expressly disclaim any intent to and will not consummate a business combination with a target business located in China or Hong Kong and Macau. They will seek to acquire companies with enterprise values of between [$100 million and $500 million] that are preferably already cash generative. Their management team is comprised of Mr. Liew, their Chairman and Chief Executive Officer, and Mr. Iskandar, their Chief Financial Officer, and their independent director nominees. Their management team brings a wealth of experience in identifying, negotiating with and conducting due diligence on potential candidates for acquisition, and both Mr. Liew and Mr. Iskandar, together with their three independent director nominees, have been involved in formulating business and corporate strategies, organization restructuring, mergers and acquisitions, strategic business development, cost control trouble shooting operation issues and financial risk management, and also have vast experience in related target businesses.