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GCL Global Holdings ( (GCL) ) has issued an update.
On April 30, 2025, Epicsoft Asia Pte. Ltd., a subsidiary of GCL Global Holdings Ltd, announced a voluntary conditional cash offer to acquire all issued shares of Ban Leong Technologies Limited, a leading distributor of computer hardware and IT accessories in Singapore. The offer, priced at S$0.6029 per share, is contingent upon achieving more than 50% of voting rights and is financed through a secured loan and cash reserves, potentially strengthening GCL Global’s market position in the technology distribution sector.
More about GCL Global Holdings
GCL Global Holdings Ltd is a company involved in various sectors, with a focus on expanding its reach through strategic acquisitions. Its subsidiary, Epicsoft Asia Pte. Ltd., plays a significant role in executing these strategic initiatives.
YTD Price Performance: -79.56%
Average Trading Volume: 1,160,047
Technical Sentiment Signal: Buy
Current Market Cap: $293M
For a thorough assessment of GCL stock, go to TipRanks’ Stock Analysis page.