amaysim Australia Limited (ASX:AYS) acquired Jeenee Communications Pty Ltd for AUD 7.8 million on December 2, 2019. amaysim Australia Limited has a strong cash balance and has also obtained commitments from its syndicate banks to increase its senior debt facilities by AUD14 million to support this and future acquisitions. The acquisition will not have a material impact on earnings in financial year 2020. It is expected to deliver a solid earnings contribution in financial year 2021 (the first full year post acquisition) and beyond. amaysim Australia Limited (ASX:AYS) completed the acquisition of Jeenee Communications Pty Ltd on December 2, 2019.