Green Packet group managing director and chief executive officer CC Puan: “With Xendity’s partners and strong business pipelines within Malaysia, Indonesia and Thailand, we project a 15% compounded annual growth rate (CAGR) with over RM100mil revenue over the next five years and a healthy profit margin."
PETALING JAYA: Green Packet Bhd
has completed the acquisition process of the entire equity interest in Xendity Pte Ltd after securing the go-ahead from its shareholders.
The acquisition is strategic for Green Packet as Xendity’s e-Know Your Customer (e-KYC) software will complement Green Packet’s enterprise products and solutions.
This acquisition is expected to boost the revenue and earnings of Green Packet’s digital operations.
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