<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.
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