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Jobstore sells HR software unit to SEA Capital for $2.6m

Jobstore, a Malaysia-based employment platform, has sold its HR software subsidiary, Talentcloud, to SEA Capital for 12 million ringgit (US$2.6 million).

Established in 2018, Talentcloud provides AI-powered tools for HR management processes. It has over 50 clients, which include the likes of Maybank, Pos Malaysia, and Ajinomoto.

Currency converted from Malaysian ringgit to US dollar: US$1 = 4.66 ringgit.

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