MobilityOne Limited - Update on Proposed Joint Venture with Super Apps

MobilityOne

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RNS Number : 8570Z
  
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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