Malaysia has a population of 36 million people. Probably 1/2 of them old enough to have money/ or none in this case. GDP and the economy has contracted sharply with Covid, which they are still dealing with. The license is a Malay license only (achieved by buying and not issued by Government). I don't think you can compare IOU to any of the big players. They are big because they are in the right markets but keep on dreaming. One day IOU might conquer the whole Asian market. One day.
$1 Club, page-9661
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