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Shell Malaysia buying 50% stake in MoF-owned VC investee - Vimarsana News

Shell Malaysia buying 50% stake in MoF-owned VC investee

Shell Malaysia Trading Sdn Bhd is acquiring a 50% stake in Pixelbyte Sdn Bhd, which operates the ParkEasy car park and electric vehicle (EV) charging slot reservation app under an investment, giving Shell Malaysia an immediate path to an established parking and e-mobility platform in Southeast Asia.

Shell invests in Malaysia's smart mobility solution provider ParkEasy - Vimarsana News

Shell invests in Malaysia's smart mobility solution provider ParkEasy

Shell Malaysia Trading Sdn Bhd announced Friday that it has agreed to acquire 50 percent shareholding in Pixelbyte Sdn Bhd, the company operating ParkEasy – a mobile application software that not only lets drivers park quickly in shopping malls and other locations, but also the only service in Malaysia to offer a pre-booked slot for electric vehicle (EV) charging.