Synagie proposes to sell e-commerce business to Gobi fund, Alibaba consortium

Synagie proposes to sell e-commerce business to Gobi fund, Alibaba consortium

Photo by rupixen.com on Unsplash

Singapore-listed Synagie has entered into an agreement to sell its e-commerce and logistics businesses to Synagistics, a consortium led by Meranti ASEAN Growth Fund, for S$61.7 million ($44.9 million).