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History

2013

April

MOL AccessPortal Sdn. Bhd. entered into a joint venture agreement with pioneering Vietnamese e-commerce group, PeaceSoft Solutions Corporation to acquire a 50% stake in NganLuong Joint Stock Company (NganLuong), PeaceSoft’s online payments unit.

March

MOL Indonesia acquires 100% of AyoPay, Indonesia’s leading payment service provider specialised in online game credit.

March

MOL takes majority stake in Turkey’s Game Sultan and PaytoGo.

2012

October

MOL AccessPortal Sdn. Bhd. takes majority stake in Rixty Inc., giving it a presence in US & Brazil.

Signs joint venture agreement with Soft Space Int. Sdn. Bhd. to establish MOLCube Sdn. Bhd. to promote cashless transaction using mobile phone.

July

Establishes MOL Australia and New Zealand through a majority investment in Ocash Pty Ltd (Ocash), a local payment service provider specialised in online game credit.

May

Malaysian Electronic Clearing Corporation Sdn. Bhd. (MyClear), a wholly-owned subsidiary of Bank Negara Malaysia, appointed MOLPay Sdn. Bhd., a subsidiary of the MOL Global Group as its official online merchant acquirer for MyClear’s Financial Process Exchange (FPX) and Direct Debit services.

April

Friendster officially announces its redesign as Southeast Asia’s social discovery and gaming platform.

2011

September

Establishes MOL Indonesia to roll-out services in Indonesia.

August

MOL acquires NetBuilder (NBePay) to form MOLPay, a joint venture with NetBuilder to enter into the e-commerce and group buying payments industry.

July

MOL Thailand acquires 100% of Zest Interactive, Thailand’s leading online games distributor.

June

MOL acquires 100% of LoadCentral, Philippines’ leading prepaid payment platform.

Passes the USD 150 million mark in yearly revenues.

2009

December

MOL acquires 100% of Friendster Inc.

November

Establishes MOL Thailand by acquiring Funloader, Thailand’s premier online gaming distribution company.

June

Passes the USD 100 million mark in yearly revenues.

2008

July

Establishes MOL Singapore to roll-out services in Singapore.

February

MOL AccessPortal was privatised by Tan Sri Vincent Tan, Founder of Berjaya Corporation due to regional expansion strategy.

2003

December

MOL AccessPortal was listed on the MESDAQ Market of the Malaysian Stock Exchange.

2002

December

Obtained approval from Central Bank of Malaysia as an e-Money operator.

2000

December

MOL was founded.

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