GCL Subsidiary Epicsoft Asia Completes Acquisition of Ban Leong Technologies with Plans for Delisting
GCL Global Holdings Ltd.'s subsidiary, Epicsoft Asia Pte. Ltd., has successfully concluded its offer for Ban Leong Technologies Limited, acquiring approximately 96.59% of the issued shares. Following this substantial acquisition, trading of Ban Leong's shares will be suspended as the shares held in public hands have fallen below the required threshold. Epicsoft Asia plans to exercise its right for a compulsory acquisition of the remaining shares, leading to the eventual delisting of Ban Leong from the Singapore Stock Exchange. The acquisition includes significant shares tendered by Ban Leong's Managing Director, Mr. Teng Woo Boon Ronald, and his wife.
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: GNW9488326-en) on July 02, 2025, and is solely responsible for the information contained therein.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。