ADVANCED NEW TECHNOLOGIES HOLDINGS PTE. LTD. entered into a share purchase agreement to acquire all shares of 2C2P Pte. Ltd. from GMO Payment Gateway, Inc..
April 17, 2022
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ADVANCED NEW TECHNOLOGIES (SINGAPORE) HOLDINGS PTE. LTD. entered into a share purchase agreement to acquire 29.34 percentage of shares of 2C2P Pte. Ltd. from GMO Payment Gateway, Inc. (TSE:3769) on April 18, 2022. The transaction is expected to close by June 2022.
GMO Payment Gateway, Inc. is a Japan-based company mainly engaged in the provision of payment agency services, finance related services and payment activation services. The Company operates in three business segments. The Payment Agency segment is engaged in the provision of online and continuous payment agency services and face-to-face payment agency services. The Finance Related segment is engaged in the provision of payment, remittance services and other money services, the provision of transaction lending to finance growth funds, as well as the provision of early payment services to improve the cash flow of member stores. The Payment Activation segment is engaged in the provision of mobile payment, authentication, notification and other services, as well as the provision of customer collection support services to improve sales of member stores.
ADVANCED NEW TECHNOLOGIES HOLDINGS PTE. LTD. entered into a share purchase agreement to acquire all shares of 2C2P Pte. Ltd. from GMO Payment Gateway, Inc..