Orangekloud Technology Signs S$1M Strategic Investment in Award-Winning Cybersecurity Firm, Evvo Labs
Orangekloud Technology Inc. - Class A Ordinary Shares (ORKT)
Company Research
Source: GlobeNewswire
SINGAPORE, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Orangekloud Technology Inc. (Nasdaq: ORKT) (“Orangekloud” or “the Company”), a Singapore-based technology company offering the eMOBIQ® No-Code platform for the development of mobile applications and SaaS subscription-based ISV Solutions, today announced the signing of an Investment Agreement with Evvo Labs Pte. Ltd. (“Evvo Labs”), an established and award-winning Cybersecurity company in Singapore. Investment and Collaboration Highlights: Orangekloud to invest S$1,000,000 (approximately $761,000) for a 3.23% shareholding stake in Evvo Labs.The strategic collaboration will enable OrangeKloud to leverage Evvo Labs' cybersecurity capabilities to elevate ORKT’s offerings of digital transformation solutions, benefitting the Company’s end-user enterprise customers.Orangekloud’s investment will contribute to Evvo Labs’ product enhancement and market expansion into Singapore and Vietnam. Orangekloud and Evvo Labs said they expect the strategic
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News
- There's an accountant shortage. KPMG says the ‘150-hour rule' needs to go [Fortune]Fortune
- Orangekloud Technology Appoints Mr. Toh Puay-Yong as Chief Financial OfficerGlobeNewswire
- Orangekloud Technology Inc. and Electronics Industries Training Centre (ELITC) Ink Partnership Agreement to Empower Workforce Skills Development and Digital Transformation in SingaporeGlobeNewswire
- Orangekloud Technology Signs S$1M Strategic Investment in Award-Winning Cybersecurity Firm, Evvo Labs [Yahoo! Finance]Yahoo! Finance
- Orangekloud SaaS Solutions to be Distributed in South Africa via MOU Signed with JPJ MedicalGlobeNewswire
ORKT
Sec Filings
- 10/25/24 - Form 6-K
- 10/23/24 - Form 6-K
- 10/18/24 - Form 6-K
- ORKT's page on the SEC website