Mobilityone (GB:MBO) has released an update.
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MobilityOne, an e-commerce payment solutions provider, has updated stakeholders on its ongoing joint venture and forthcoming merger with Super Apps Holdings Sdn Bhd, noting the filing of an amended preliminary proxy statement by Tete Technologies Inc. The payment for MobilityOne’s disposal of a 60% share in OneShop Retail to Super Apps is contingent on the merger’s completion. Further announcements will be made as the extraordinary general meeting for TETE shareholders is convened and the SEC approves the proxy filing.
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