GREY:CNONF - Post Discussion
Post by
Ltopolew on May 18, 2021 2:37pm
$LYNX News
$LYNX announced it has entered into a memorandum of understanding for the acquisition of 100% of the issued and outstanding shares of Ausphil Technologies Pty. Ltd., an Australian private company, that holds a 52.15% equity interest in Binangonan Rural Bank Inc., a Philippine based company that has operated in the banking sector since October 1961. "This acquisition represents a cornerstone investment that will be combined with our recently acquired controlling interests in Direct Agent 5 Inc. and Arkin Technologies Pty. Ltd., companies that hold remittance licenses in the Philippines and remittance and cryptocurrency licenses in Australia. These components along with our partnership with a Major Payment Institution license holder in Singapore, is enabling us to build an end-to-end digital payment platform in the ASEAN and Oceanic region," stated president and CEO of $LYNX Mike Penner.
Current MC is $106.33M.
More here
https://www.newsfilecorp.com/release/83908
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