Imperium Conferences Sdn Bhd entered into a sale and purchase agreement to acquire Inovatif Media-Asia Sdn Bhd from Bacui Technologies International Ltd. for MYR 0.03 million on September 20, 2023. Bacui Technologies International Ltd. intends to use the net proceeds for working capital purposes. Completion is expected to take place within one month from the date of the SPA.

Imperium Conferences Sdn Bhd completed the acquisition of Inovatif Media-Asia Sdn Bhd from Bacui Technologies International Ltd. (Catalist:YYB) on October 12, 2023.