Brief: Truecaller Invests In Mayhem Studios

Truecaller AB

11/04/2023 07:39

April 11 (Reuters) - Truecaller AB  TRUEb.ST :
    * TRUECALLER INVESTS IN GAME DEVELOPMENT COMPANY MAYHEM
STUDIOS
    * ACQUIRES 4+ PERCENT OF SHARES IN SINGAPORE-BASED GAME
DEVELOPMENT COMPANY MAYHEM STUDIOS PRIVATE LTD. FOR ROUGHLY SEK
30 MILLION
    * INVESTMENT IN MAYHEM STUDIOS PRIVATE LTD. IS EXPECTED TO
AFFECT
TRUECALLER'S CASH FLOW BY ROUGHLY SEK 30 MILLION DURING Q2 OF
2023
    * INVESTMENT IS FINANCED THROUGH EXISTING CASH

Source text for Eikon:  ID:nWkr565FPh 
Further company coverage:  TRUEb.ST 

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