GETS Global Berhad (KLSE:GETS) agreed to acquire One Glove Venture Sdn Bhd from Low BT and Low Khai Loon on March 29, 2022. The purchase consideration of 89,356,233 million to be satisfied via the issuance of 102,708,314 Consideration ICPS at an issue price of 0.87 per Consideration ICPS. The transaction is subject to the completion of the SSA shall be conditional upon all the Sale Shares collectively being sold to GETS and that GETS and the Vendor performs all their respective obligations. On May 25, 2022 Bursa Securities resolved to grant the Company an extension of time of 14 market days from the date of clearance by Securities Commission Malaysia on the updated valuation and valuation certification, for the issuance of the circular to shareholders in relation to the Proposals. As of August 1, 2022 all conditions were met.

GETS Global Berhad (KLSE:GETS) completed the acquisition of One Glove Venture Sdn Bhd from Low BT and Low Khai Loon on August 1, 2022.