Gcl announces close of subsidiary's offer for ban leong technologies limited with compulsory acquisition and delisting to follow

Singapore , july 02, 2025 (globe newswire) -- gcl global holdings ltd (nasdaq: gcl) (“gcl”), a leading provider of games and entertainment and the indirect parent company of the offeror, today announced that the voluntary unconditional cash offer for ban leong technologies limited (“ban leong”) has closed and any acceptances received after the close of the offer will be rejected. to date, the offeror has received valid acceptances in respect of 104,122,998 shares, representing approximately 96.59% of the total number of issued shares1.
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