Mpire Global Berhad (KLSE:MPIRE) signed share sale agreement to acquire Mpire Mobility Sdn Bhd from MMAG Holdings Berhad (KLSE:MMAG) for MYR 0.18 million on April 8, 2024. The transaction will be financed through equity investment. As of December 31, 2023, Mpire Mobility Sdn Bhd reported revenues of MYR 0.71 million, and net loss of MYR 0.3 million. The transaction has been approved by shareholders of Mpire Global Berhad. TA Securities Holdings Berhad acted as financial advisor for Mpire Global Berhad.

Mpire Global Berhad (KLSE:MPIRE) completed the acquisition of Mpire Mobility Sdn Bhd from MMAG Holdings Berhad (KLSE:MMAG) on June 4, 2024