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Mobilityone Limited (AIM:MBO) | RNS | MobilityOne Limited - Termination of proposed acquisition of TPR

RNS Number: 2207 W MobilityOne Limited 21 April 2021. Further to the announcements released by the Group on 14 December 2020 and 1 March 2021,. ....

Sdn Bhd , Dato Hussiana Rahman , Mobilityone Sdn Bhd , Nick Athanas , Allenby Capital , Tanjung Pinang Resources Sdn , Tanjung Pinang Resources Sdn Bhd , Onetransfer Remittance Sdn Bhd , One Limited , Nominated Adviser , ஸ்டன் ப்ட் , நிக் அதனாஸ் , ஆலன்பி மூலதனம் , ஒன்று வரையறுக்கப்பட்டவை ,

IN BRIEF: MobilityOne cancels Tanjung Pinang Resources deal

IN BRIEF: MobilityOne cancels Tanjung Pinang Resources deal
Wed, 21st Apr 2021 19:34
MobilityOne Ltd - e-commerce infrastructure payment solutions and platform provider - Subsidiary in Malaysia, MobilityOne Sdn Bhd, strikes deal with vendors of Tanjung Pinang Resources Sdn Bhd to terminate the proposed acquisition by M1 Malaysia of the entire issued share capital of TPR.
As a result of the group s recent acquisition of OneTransfer Remittance Sdn Bhd, M1 Malaysia and the vendors of TPR have mutually agreed not to proceed with the acquisition, company explains.
It adds: A nominal deposit of about GBP2,600 was paid to the vendors of TPR at the time of the acquisition agreement being entered into in December 2020. Under the terms of the termination agreement entered into today the vendors of TPR have agreed to refund this deposit to M1 Malaysia within three months of today s date. ....

Sdn Bhd , Mobilityone Sdn Bhd , Paul Mcgowan , Alliance News , Mobilityone Ltd , Tanjung Pinang Resources Sdn Bhd , Onetransfer Remittance Sdn Bhd , All Rights , ஸ்டன் ப்ட் , பால் மகோவெந் , கூட்டணி செய்தி , அனைத்தும் உரிமைகள் ,

Investegate |MobilityOne Limited Announcements | MobilityOne Limited: Termination of proposed acquisition of TPR

A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
1. Obtains access to the information in a personal capacity;
2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so; ....

Sdn Bhd , Dato Hussiana Rahman , Mobilityone Sdn Bhd , Nick Athanas , Allenby Capital , Tanjung Pinang Resources Sdn , Tanjung Pinang Resources Sdn Bhd , Onetransfer Remittance Sdn Bhd , One Limited , Nominated Adviser , Investegate Announcements , Investegate Company Announcements , Mobilityone Limited , Egulatory News Service , Egulatory News Service And Regulatory , ஸ்டன் ப்ட் , நிக் அதனாஸ் , ஆலன்பி மூலதனம் , ஒன்று வரையறுக்கப்பட்டவை ,

Investegate |MobilityOne Limited Announcements | MobilityOne Limited: Completion of Acquisition of Shareholding in OTR

A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
1. Obtains access to the information in a personal capacity;
2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so; ....

Sdn Bhd , Dato Hussiana Rahman , Mobilityone Sdn Bhd , Nick Athanas , Allenby Capital , Bank Negara Malaysia , Onetransfer Remittance Sdn , Onetransfer Remittance Sdn Bhd , One Limited , Nominated Adviser , ஸ்டன் ப்ட் , நிக் அதனாஸ் , ஆலன்பி மூலதனம் , வங்கி நெகாரா மலேசியா , ஒன்று வரையறுக்கப்பட்டவை ,

Investegate |MobilityOne Limited Announcements | MobilityOne Limited: Proposed Acquisition

MobilityOne (AIM: MBO), the e-commerce infrastructure payment solutions and platform provider, is pleased to announce that
MobilityOne Sdn Bhd ( M1 Malaysia ), the Group s wholly owned operating subsidiary in Malaysia, entered into an agreement (the Agreement ) on 26 February 2021 to
acquire the 50 per cent. shareholding the Group does not already own in OneTransfer Remittance Sdn Bhd ( OTR ) (the Acquisition ). OTR provides international remittance services in Malaysia.

The total consideration for the Acquisition of RM3,000,000 (equivalent to c.£531,000 ) has been paid to the vendors from the Group s existing cash resources. The Acquisition is conditional upon the written approval of Bank Negara Malaysia (the central bank for Malaysia) ( BNM ) being obtained within three months from the date of the Agreement. ....

Sdn Bhd , Dato Hussiana Rahman , Kumar Chigurupati , Mobilityone Sdn Bhd , Nick Athanas , Acquisition The Group , Allenby Capital , Moneygram Payment Systems Inc , Bank Negara Malaysia , Onetransfer Remittance Sdn , Tanjung Pinang Resources Sdn , Onetransfer Remittance Sdn Bhd , Moneygram Payment Systems , Azlan Shah , Anil Kumar Chigurupati , Tanjung Pinang Resources Sdn Bhd , One Limited , Nominated Adviser , Investegate Announcements , Investegate Company Announcements , Mobilityone Limited , Regulatory News Service , Regulatory News Service And , ஸ்டன் ப்ட் , குமார் சிகுருபடி , நிக் அதனாஸ் ,