Silverlake Axis plans to buy 3 entities from chairman, others

Singapore

MAINBOARD-LISTED Silverlake Axis (SAL) is planning to acquire three Silverlake entities in Malaysia as part of its ongoing efforts to position itself as a fintech innovation accelerator.

The three companies - Silverlake Digital Economy (SDE), Silverlake Digitale (SD) and Silverlake One Paradigm (SOP) - are owned by the group's executive chairman Goh Peng Ooi, who has a 70 per cent stake in each through Silverlake Investment, as well as by minority shareholders.