LONDON, UK: GSTechnologies Limited (LSE: GST) has entered into an agreement to acquire 66.67% of the issued share capital of Semnet Pte Ltd, a cybersecurity company based in Singapore, for a total consideration of US$1.8 million, payable through US$0.8 million in cash and US$1.0 million in new shares in the GST. Semnet is a profitable…
LONDON, UK: GSTechnologies Limited (LSE: GST) has entered into an option to purchase agreement to acquire 60% of the share capital of EasySend Ltd, a Northern Ireland incorporated company operating a cross-border payments business. EasySend is a Financial Conduct Authority (FCA) approved Authorised Payment Institution (API), conducting cross-border payment services. EasySend has a current estimated…
LONDON, UK: GSTechnologies Limited (LSE: GST) has entered into a legally binding sale and purchase agreement to acquire the entire issued share capital of PAYPT Finance Ltd, a Canadian company holding a Canadian Money Services Business (MSB) licence, a statement noted. The acquisition is subject to approval by the Financial Transactions and Reports Analysis Centre…
LONDON, UK: GSTechnologies Limited, the fintech and information technology solutions company, announced the appointment of Mr Bai GuoJin (Jack Bai), an existing Executive Director, as the Company’s new Chief Executive Officer with immediate effect. Jack Bai, who joined the GST board in January 2021, has over 30 years’ experience in software development for the financial…
LONDON: GSTechnologies Limited, the integrated information and communication technology infrastructure solutions provider, has signed a Memorandum of Understanding (MOU) with Wise MPay Pte Ltd with a view to enhancing it’s blockchain and new technology development capabilities. In order to facilitate the Company’s plans to focus on new higher growth synergistic business areas focussed on blockchain…
GSTechnologies Limited (LSE: GST), provides optimal wireless, electronic cabling, security, and other solutions to clients operating in the infrastructure development space. GST builds on the profitable ICT business of its Singaporean subsidiary EMS Wiring Systems, which has been supplying governments and large private organisations with intelligent building solutions for the last 30 years. GST’s strategy…