Epicsoft Asia Pte. Ltd. to Compulsorily Acquire Remaining Shares and Delist Ban Leong Technologies

Reuters

06-12

Epicsoft Asia Pte. Ltd. to Compulsorily Acquire Remaining Shares and Delist Ban Leong Technologies

GCL Global Holdings Ltd.'s indirect subsidiary, Epicsoft Asia Pte. Ltd., has announced its intention to exercise the right of compulsory acquisition for Ban Leong Technologies Limited. Having secured ownership of approximately 92.92% of Ban Leong's issued shares, Epicsoft plans to acquire the remaining shares and delist Ban Leong from the Singapore Stock Exchange. This move follows the successful acceptance of over 90% of issued shares, excluding those held in treasury. The acquisition aims to create synergies, broaden sales channels, and enhance the brand positioning within the gaming ecosystem by leveraging Ban Leong's expertise in consumer electronics and gaming hardware.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GCL Global Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9467797-en) on June 12, 2025, and is solely responsible for the information contained therein.

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Ltd. to Compulsorily Acquire Remaining Shares and Delist Ban Leong Technologies","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Epicsoft Asia Pte. Ltd. to Compulsorily Acquire Remaining Shares and Delist Ban Leong Technologies\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        GCL Global Holdings Ltd.'s indirect subsidiary, Epicsoft Asia Pte. Ltd., has announced its intention to exercise the right of compulsory acquisition for Ban Leong Technologies Limited. Having secured ownership of approximately 92.92% of Ban Leong's issued shares, Epicsoft plans to acquire the remaining shares and delist Ban Leong from the Singapore Stock Exchange. This move follows the successful acceptance of over 90% of issued shares, excluding those held in treasury. 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Ltd. to Compulsorily Acquire Remaining Shares and Delist Ban Leong Technologies\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-12 20:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Epicsoft Asia Pte. Ltd. to Compulsorily Acquire Remaining Shares and Delist Ban Leong Technologies\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        GCL Global Holdings Ltd.'s indirect subsidiary, Epicsoft Asia Pte. Ltd., has announced its intention to exercise the right of compulsory acquisition for Ban Leong Technologies Limited. Having secured ownership of approximately 92.92% of Ban Leong's issued shares, Epicsoft plans to acquire the remaining shares and delist Ban Leong from the Singapore Stock Exchange. This move follows the successful acceptance of over 90% of issued shares, excluding those held in treasury. The acquisition aims to create synergies, broaden sales channels, and enhance the brand positioning within the gaming ecosystem by leveraging Ban Leong's expertise in consumer electronics and gaming hardware.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GCL Global Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9467797-en) on June 12, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250612:nNDLbhthbV:1","article_id":"2542514915","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2542514915","pubTimestamp":1749732929,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"GCL Global Holdings Ltd.'s indirect subsidiary, Epicsoft Asia Pte. 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