MobilityOne shares soar as Super Apps joint venture nears
(Alliance News) - MobilityOne Ltd on Tuesday said its long-coming joint venture with Super Apps is close to happening as part of a larger merger, sending shares soaring. Read More
(Alliance News) - MobilityOne Ltd on Tuesday said its long-coming joint venture with Super Apps is close to happening as part of a larger merger, sending shares soaring. Read More
(Alliance News) - Stock prices in London were little changed at midday Tuesday, with the blue-chip index edging higher as oil prices remained elevated and investors weighed fresh developments in the Middle East. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Tuesday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Sealand Capital Galaxy PLC - Asia-focused digital investor that offers financial and strategic support to entrepreneurs - Notes recent rise in its share price, confirming it knows of no reason for the increase. Sealand Capital's stock price rise on Tuesday coincides with a surge in the share price for MobilityOne Ltd, a Kuala Lumpur-based e-commerce payment solutions provider. MobilityOne last week said its Malaysia subsidiary received conditional approval from Labuan's financial services authority to establish an additional subsidiary to carry on its Islamic digital banking business. MobilityOne's share price continued to rise on Tuesday after more than doubling last Wednesday. Further, RC365 Holding PLC, a payment solutions and fintech company operating primarily in east and southeast Asia, on Tuesday noted a jump in its share price, confirming it knows of no reason for its price rise. Shares in RC365 continued to climb on Tuesday. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday. Read More
(Alliance News) - Stock prices in London closed in the red on Wednesday, at the end of a shortened trading day, but the FTSE 100 index ended the year close to a new record despite a slight retreat on Wednesday. Read More
(Alliance News) - MobilityOne Ltd on Wednesday said its Malaysia subsidiary has received conditional approval from Labuan's financial services authority to establish an additional subsidiary to carry on its Islamic digital banking business. Read More
(Alliance News) - MobilityOne on Friday reported a narrowed interim loss, but paired this with a cautious outlook, anticipating a "challenging business environment". Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday, Tuesday, Wednesday, Thursday and Friday not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
MobilityOne Ltd - Kuala Lumpur-based e-commerce payment solutions provider - Says it has been granted an extension to February 28, 2025, on the second tranche payment due for its acquisition of a 49% stake in Sincere Acres Sdn Bhd, an investment holding company operating in Malaysia. Subsidiary MobilityOne Sdn Bhd completed the acquisition in October 2023 for a total of MYR30 million, or GBP5.4 million, paid to United Flagship Development Sdn Bhd. The first tranche of MYR2.0 million was paid in October 2023, and the second tranche had been due on March 8, 2024, before being initially extended to September 9, 2024. The second tranche will continue to accrue interest at a rate of 10% per annum, and all other terms of the acquisition remain unchanged. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
MobilityOne Ltd - e-commerce payment solutions provider - Sees shares fall after being restored to trading. It reports that revenue in 2023 edges up to GBP241.7 million from GBP233.8 million a year earlier. It swings to a pretax loss of GBP1.4 million from a profit of GBP278,978. Cost of sales in the period rise to GBP229.7 million from GBP221.0 million. Administrative expenses rise to GBP12.2 million from GBP11.9 million. Finance costs climb to GBP236,058 from GBP137,143. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, not separately reported by Alliance News: Read More
MobilityOne Ltd - Kuala Lumpur-based e-commerce payment solutions provider - Says 2023 results will not be finalised ahead of deadline on June 30. Says auditors in UK and Malaysia require further time and results will be published by end of July. Read More
MobilityOne Ltd - Kuala Lumpur-based e-commerce payment solutions provider - Subsidiary extends payment deadline in its acquisition of Sincere Acres Sdn Bhd, an investment holding company operating in Malaysia. In October, MobilityOne Sdn Bhd, the company's wholly owned Malaysian subsidiary, completed the acquisition of a 49% interest in Sincere Acres for a cash consideration of MYR30.0 million, around GBP5.0 million. The first MYR2.0 million tranche has been paid, and Mobility was required to pay the second tranche of MYR28.0 million by Friday. This date has been extended by 6 months to September 8. As a result, the second tranche payment will now be subject to an interest charge of 10% per year. The balance payable on the second tranche will be reduced by MYR1.0 million if the payment is made before the extended deadline, MobilityOne says. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More