SYDNEY, AUSTRALIA: iCandy Interactive has signed a binding term sheet to acquire a 60% shareholding in gaming backend technology tools provider Gameconomy for a cash and share equivalent consideration of A$497,297. Based in Kuala Lumpur, Malaysia, Gameconomy is a gaming backend technology development company that has progressed through two global incubator/accelerator programs: Founder Institute and…
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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…
iCandy partners with China’s leading game publisher Ohayoo
SYDNEY: iCandy Interactive Ltd has entered into a Game Publishing Agreement with one of China’s leading game publisher Ohayoo to localize, publish and market in China iCandy’s smash hit mobile game, Masketeers: Idle has Fallen. Also read: Completion of regulatory documentation paves way for iCandy’s entry into Chinese gaming market Ohayoo is a major mobile…