Mpire Global Berhad (KLSE:MPIRE) agreed to acquire MCAR4U Sdn Bhd from Dato? Goh Soo Wee for MYR 100 on February 28, 2024. A cash consideration of MYR 100 will be paid by Mpire Global Berhad. As part of consideration, MYR 100 is paid towards common equity of MCAR4U Sdn Bhd. The transaction will be financed through equity investment of MYR 100.

For the period ending October 31, 2023, MCAR4U Sdn Bhd reported total revenue of MYR 2.73 million and Net loss of 0.72 million.

The transaction is subject to approval of offer by acquirer shareholders. transaction was already approved by acquirer shareholders.

TA Securities Holdings Berhad acted as financial advisor for Mpire Global Berhad.
Mpire Global Berhad (KLSE:MPIRE) completed the acquisition of MCAR4U Sdn Bhd from Dato? Goh Soo Wee on March 20, 2024.