Concorde International Group Ltd. Acquires Software Risk Assets to Boost Facilities Management Capabilities

Reuters
2025/09/16
<a href="https://laohu8.com/S/CIGL">Concorde International Group</a> Ltd. Acquires Software Risk Assets to Boost Facilities Management Capabilities

Concorde International Group Ltd. has announced the acquisition of assets from Software Risk, a cloud-based software platform specializing in centralized facilities management, through its subsidiary, Concorde International Group Pte. Ltd. The transaction involves a cash payment of AUD 50,000, the issuance of 100,000 restricted Class A Ordinary Shares of Concorde, and a 10% revenue share from the Australian market over the next 12 months. This acquisition aims to enhance Concorde's technology offerings and open new revenue streams in the facilities management sector. Swee Kheng (Alan) Chua, Chairman and CEO of Concorde, highlighted that the acquisition will bolster the company's technology portfolio and facilitate seamless integration with their existing services, enhancing operational responsiveness and value for customers.

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. Concorde International Group Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-087631), on September 15, 2025, and is solely responsible for the information contained therein.

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