Update on Proposed Joint Venture with Super Apps
MobilityOne Limited
27 August 2026
27 August 2026
MobilityOne Limited
("MobilityOne", the "Company" or the "Group")
Further update on Proposed Joint Venture with Super Apps
MobilityOne (AIM: MBO), the e-commerce infrastructure payment solutions and platform provider, notes that a Form 8-K report was filed by Technology & Telecommunication Acquisition Corporation ("TETE") on 26 August 2026 (the "TETE Filing") which is available for viewing on the United States Securities and Exchange Commission's website ("SEC").
The TETE Filing notes, amongst other matters, the extension of the deadline to complete the Merger Exercise from 20 August 2026 to 20 February 2027.
Part of the text of TETE's announcement is set out below:
"Subsequent to the approval by the shareholders of TETE of the Amendment to TETE's Amended and Restated Memorandum and Articles of Association (the "Charter Amendment"), on August 20, 2026, TETE will file the Charter Amendment with the Registrar of Companies in the Cayman Islands. Pursuant to the Charter Amendment, TETE has the right to extend the date by which it has to consummate a business combination by six (6) months from August 20, 2026 to February 20, 2027 (i.e., for a period of time ending 61 months after the consummation of TETE's initial public offering)."
The Company will release further announcements 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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