- SyQic, the fast growing provider of live TV and on-demand video content across mobile and internet enabled consumer devices, has announced the official relaunch of its Maaduu Korean content streaming service in Malaysia.

This follows the acquisition of Maaduu, further details of which were announced on 18 August.

The service, which screens the best of Korean dramas and the latest Korean pop music videos and holds licences from two of the three largest Korean broadcasters, went live in Malaysia yesterday (12 October). This launch follows a rebranding, a system refresh and the uploading of new Korean content. Following the relaunch of the Maaduu service in Malaysia it is SyQic's intention to also launch the service in Indonesia in November.

Chief executive Jamal Hassim said: "We are delighted to be re-launching the Maaduu service so soon after acquisition with a rejuvenated portfolio of content. Maaduu has approximately 850,000 registered users as well as over 3.3 million Facebook fans, and we are confident this audience will respond positively to the new offering."

At 1:18pm: [LON:SYQ] Syqic Plc Ord Npv share price was 0p at 52.5p

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