MobilityOne LimitedLSE: MBO

MobilityOne: Update on Proposed Joint Venture with Super Apps

· Issued by MobilityOne Limited via RNS

Summary by 6ix AI

MobilityOne Limited, a Malaysian e-commerce payment solutions and platform provider listed on AIM (the London Stock Exchange's growth market), said on October 21, 2026 that the first instalment of consideration due from Super Apps by October 20, 2026 under their proposed joint venture, RM40.0 million in Malaysian ringgit (c. £6.84 million), remains outstanding.

Key details

  • MobilityOne's October 7, 2026 announcement concerned, among other matters, the completion of the Merger Exercise.
  • MobilityOne is in close dialogue with Bradbury Capital Inc.

What’s still pending

  • MobilityOne will release a further announcement as and when appropriate.

6ix AI wrote this summary from the release below and checked it against the release.

MobilityOne Limited
21 October 2026
 

21 October 2026

MobilityOne Limited

(“MobilityOne”, the “Company” or the “Group”)

Further update on Proposed Joint Venture with Super Apps

Further to the announcement released by the Company on 7 October 2026 regarding, amongst other matters, the completion of the Merger Exercise, MobilityOne (AIM: MBO), the e-commerce infrastructure payment solutions and platform provider, notes that the first instalment of consideration due from Super Apps by 20 October 2026 (being RM40.0 million (c. £6.84 million)) remains outstanding as at the date of this announcement.

The Company is in close dialogue with Bradbury Capital Inc. and will release a further announcement, as and when appropriate.

Unless otherwise defined herein, the capitalised defined terms used in this announcement have the same meaning as those used in the Company’s announcement on 19 October 2022.

For further information, please contact:

MobilityOne Limited     +6 03 89963600

Dato’ Hussian A. Rahman, CEO    www.mobilityone.com.my

har@mobilityone.com.my

Allenby Capital Limited

(Nominated Adviser and Broker)    +44 20 3328 5656

Nick Athanas / Vivek Bhardwaj

About the Group:

MobilityOne is one of the leading virtual distributors of mobile prepaid reload and bill payment services in Malaysia. With connections to various service providers across industries such as banking, telecommunications, utilities, government agencies, and transportation, the Group operates through multiple distribution channels including mobile wallets, e-commerce sites, EDC terminals, automated teller machines, kiosks, and internet & mobile banking. Holding licenses in regulated spaces including acquiring, e-money, remittance and lending, the Group offers a range of services to the market, including wallet, internet, and terminal-based payment services, white label e-money, remittance, lending, and custom fintech ecosystems for communities. The Group's flexible, scalable technology platform enables cash, debit card, and credit card transactions from multiple devices while providing robust control and monitoring of product and service distribution.

For more information, refer to our website at www.mobilityone.com.my

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