Proficient, the first end-to-end construction project management platform in Malaysia, announced raising seed funding of MYR1 million ($240,600) from Falnas Capital, a strategic investment firm backed by local entrepreneur SM Faliq SM Nasimuddin. The startup said it will use the seed funding to further expand its footprint into local and regional markets, while accelerating its […]

Southeast Asia’s property technology major PropertyGuru Group announced that it has entered into an agreement to acquire iProperty.com.my and Brickz.my in Malaysia and thinkofliving.com and Prakard.com in Thailand. In a statement, the Singapore-based firm said it will acquire all of the shares in REA Group‘s operating entities in Malaysia and Thailand that run the said […]