Junee Ltd. Completes Acquisition of Remaining 49% Stake in MindEnergy AI Technology Pte. Ltd

Reuters
2025.04.30 11:01
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Junee Ltd. has completed the acquisition of the remaining 49% stake in MindEnergy AI Technology Pte. Ltd., following an initial 51% acquisition in March 2025. The transaction, valued at USD 240,000 initially, could total up to USD 9,415,688, with payments made in newly issued shares priced at USD 8.00 each. Additional shares may be issued based on accounts receivable collected within a year, potentially reaching 1,176,961 shares. The deal is subject to regulatory approvals and closing conditions.