SINGAPORE (Dec 21): Karin Technology Holdings has entered into an agreement with Hong Kong-listed Masterson Technology, to incorporate a new private company in Hong Kong called MasterKloud Technology.

Karin Technology will subscribe to a 20% stake in MasterKloud at HK$100,000 ($17,189) while Masterson will subscribe to the remaining 80% stake at HK$400,000.

The principal activity of MasterKloud is the provision in Cloud-related technology services and the hosting of cloud solutions for corporations and enterprise customers.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook