iCandy acquires ASX-listed game developer Mighty Kingdom

SYDNEY, AUSTRALIA: iCandy Interactive Limited has acquired 11.78 million shares translating into 7.78% of ASX-listed game developer Mighty Kingdom Ltd. The acquisition is completed at A$0.135 per Mighty Kingdom ordinary share, costing a total of A$1.59 million and is funded by existing cash reserves of iCandy. Potential Cooperation Between The Companies Mighty Kingdom is one…