MYEG said the investments in Jingle Magic and Ximmerse formed part of its overall strategy to continue tapping into disruptive technologies with commercial value for the group.
MYEG said the investment in Jingle Magic, through venture investment arm MY E.G. Capital Sdn Bhd, marked the second of its kind by MYEG in a China-based company in the AR/VR/AI space, following last year’s 3.125 per cent interest in Guangzhou-based Ximmerse.