- CEO
- Yeoh Oon Lai
- Full Time Employees
- 3
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- V03-11-02, Designer Office Kuala Lumpur Malaysia 55100
- IPO Date
- Mar 18, 2022
- Business
- DUET Acquisition Corp. is a blank check company focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, primarily targeting middle-market enabling technology firms in eCommerce, FinTech, Big Data & Analytics, and Robotic Process Automation (RPA); it offers no current products or services beyond its SPAC structure. Incorporated in 2021 and headquartered at V03-11-02, Designer Office, V03, Lingkaran SV, Sunway Velocity, Kuala Lumpur, Malaysia 55100, the company operates principally from this base with a global search for acquisition targets across technology sectors. Recent major changes include the November 2023 announcement of a business combination agreement with Fenix 360 Pte Ltd., a Singapore-based global social media platform, valuing Fenix at a $610 million enterprise value and expected to close in the first half of 2024 subject to stockholder approval and regulatory conditions; prior attempts involved a terminated merger with AnyTech365 in April 2023 and an extension of its combination deadline to May 2023, followed by further extensions to October 2024 amid Nasdaq compliance issues related to minimum public holder requirements.