Ebit liew video - Report: MySJ Sdn Bhd agreed to pay RM338.6 million for MySejahtera IP and software license

The license agreement saw MySJ paying Entomo RM38.

Report: MySJ Sdn Bhd agreed to pay RM338.6 million for MySejahtera IP and software license

6 million in aggregate fees for the transfer of the MySejahtera app intellectual property along with the license for the software.

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Description: This means that MySJ could end up forking another RM21 million per year on top of the agreed sum between them and Entomo.

Views: 1079 Date: 31.03.2022 Favorited: 160 favorites
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This comes as MySJ Sdn Bhd shareholder P2 Asset Management Sdn Bhd sues Entomo, MySJ as well as another MySJ shareholder Revolusi Asia Sdn Bhd for alleged breach of share sale agreement.

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