Infocomm Asia Holdings Pte Ltd (IAH), a Singapore-based distributor and operator for top-rated Massively Multiplayer Online Role-Playing Games (MMORPGs), has successfully secured another round of investments worth US$14.2 million from two global investors - NASDAQ-listed GigaMedia Limited (GigaMedia) and SoftBank’s Bodhi Investments LLC.  The value of each IAH share was pegged at US$20.  This represents a doubling of the value of IAH shares since it completed its seed round of financing in September 2006 which raised a total of US$10 million from prestigious shareholders including Infocomm Investments Pte Ltd, a wholly-owned subsidiary of the Infocomm Development Authority of Singapore (IDA), Commerzbank Asset Management Asia Ltd (CAM Asia) and The9 Limited (The9).  The value of IAH shares was US$10 per share then.

Read the full press release here.

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