Catch of the day, page-3

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ENSOGO Limited, a leading Southeast Asian e-commerce business listed on the ASX, may draw potential interest from strategic investors who are eyeing an equity stake in the company, a banking source told Data Room.
It is understood that Ensogo (E88) has gone through some trading difficulties recently, except its Thailand website, which has led to a big drop in its share price. Ensogo shares last traded at 9 cents, down nearly 90 per cent from its highest price of 68.2 cents last March.
A number of strategic investors might potentially look at Ensogo, trying to invest and support the business to turn around, the banking source says. They might want to take an equity stake or some sort of placement in the business, the source added, without naming any specific investor.
But it is known that some online businesses in Australia, such as Catch of the Day and Aussie Commerce, have made acquisitions and may be potentially interested in Ensogo as well.
Other companies that have the potential to participate may also include online retailer MySale Group, which is listed in London, and international online store ASOS.
Ensogo, formerly known as iBuy, owns and operates a network of e-commerce websites in Malaysia, Singapore, Thailand and Hong Kong. It is found by Australian internet entrepreneur Patrick Grove, who also established online businesses iProperty and iCar.
The company listed on the ASX in December 2013, managed by Canaccord Genuity and Morgans.