An undisclosed buyer signed a Non-Binding Indicative Term Sheet to acquire an unknown stake in Trakker Middle East LLC from TPL Trakker Limited (KASE:TPLT) on March 11, 2024. TPLT said that the proposed transaction shall be contingent upon approval from the relevant regulatory authorities, satisfactory completion of due diligence, obtaining requisite internal approvals, and entering into definitive documentation. 'The proposed transaction is anticipated to be completed by May 31, 2024