ICI 0.00% 1.9¢ icandy interactive limited

Future of this looks bright, IMO. Earlier this month, iCandy...

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    Future of this looks bright, IMO.

    Earlier this month, iCandy raised $1.25 million in an oversubscribed placement at $0.02 per share to grow its business in Australasia.
    More than $5 million in bids was received from a number of funds, sophisticated investors and existing shareholders including Chinese top three internet company Baidu, Japan’s VC Incubate Fund, and Animoca Brands.
    “The overwhelming response for the placement demonstrates there is huge confidence in [our company] leading into the launch of our next suite of games,” Mr Lau said.
 
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