Looks like MOL is on the acquisition path, fresh from the acquisition of friendster. I suppose this purchase will extend their reach and presence across Asia.
MANILA, Philippines, June 1, 2011 – MOL AccessPortal Sdn Bhd (MOL), a leading payment service provider for online games, virtual worlds and social network in Asia, today announced that it has acquired 100% of LoadCentral, Philippines’ leading prepaid payment platform.
The acquisition will create synergy for both organizations and enhance growth prospects.
LoadCentral’s leading position in providing prepaid payment platform to consumers in the Philippines will give valuable access to new channels for delivery of MOL’s products. Following the acquisition, the combined company becomes the largest payment provider for prepaid services for the growing online gaming market in the Philippines.