Ohmyhome ltd. announces acquisition of simply sakal, a leading singapore tech-enabled property management company, creating property “super app”

Singapore, oct. 11, 2023 (globe newswire) -- ohmyhome ltd. (nasdaq: omh, “ohmyhome”, “the company”), a one-stop-shop property technology platform providing end-to-end property solutions and services to buy, sell, rent, and renovate homes, announces the acquisition of simply sakal pte. ltd (“simply”), a leading tech-enabled property management company in singapore, by ohmyhome (bvi) limited, a wholly owned subsidiary of ohmyhome. ohmyhome acquired a 100% interest in simply for a consideration of approximately s$4.7 million (approximately us$ 3.5 million) via a combination of cash and stock.
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