Dollars

DKG obtains USD10 million from three major investment firms

Mon, 30/06/2014 - 12:05

DKG Group has obtained USD10 million in a new round of fundraising, which raised its net worth to an estimated value of USD800 million.

Private equity firm CPC, KGV venture group and DAG Asia investment advisors have jointly invested.
 
DKG Group has targeted its listing onto the preferred exchanges in Europe, and intends to raise USD85 million. With an approximate total issued share of 100 million shares (excluding underwriters’ over-allotments), DKG Group will have a market capitalisation of USD500 million to USD800 million.
 
DKG’s future development and growth will be focused on gaming and leisure, while the O2O platform will focus on enhancing research and development.


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