Epicsoft Asia Exercising Right for Compulsory Acquisition of Ban Leong Technologies
Deal News | Jun 12, 2025 | EIN
Epicsoft Asia Pte. Ltd., a subsidiary of GCL Global Pte. Ltd., announced its intention to compulsorily acquire the remaining shares of Ban Leong Technologies Limited after securing over 92% of the company's shareholding. This acquisition crosses the threshold necessary for delisting on the Singapore Exchange (SGX-ST) as requirements for public float are no longer met. Epicsoft Asia, a significant entity in interactive entertainment software, plans to augment its market presence through synergies, expanded revenue streams, and enhanced brand positioning within the gaming ecosystem. Shareholders who have not accepted the offer still have an opportunity before the final closing date of July 2, 2025. The acquisition aims to leverage Ban Leong's established market relationships and explore new opportunities in gaming peripherals and distribution channels across Asia. This strategic move underscores Epicsoft Asia's commitment to fortifying its position in the Asian gaming market and aligning business operations to achieve optimal performance after the transaction.
Sectors
- Technology
- Gaming
- Financial Services
Geography
- Singapore – The transaction involves companies that are registered and operating in Singapore, and the delisting will occur on the Singapore Exchange.
- Southeast Asia – Epicsoft Asia distributes interactive entertainment software across Southeast Asia, reflecting regional strategic operations and market focus.
Industry
- Technology – Ban Leong Technologies and Epicsoft Asia operate within the technology sector, focusing on interactive entertainment software and consumer electronics.
- Gaming – Epicsoft Asia and GCL Global specialize in gaming, distributing interactive entertainment software and exploring new gaming peripherals and components.
- Financial Services – The article involves financial transactions such as the acquisition of a large stake in Ban Leong Technologies and consequent delisting, activities conventional in investment and M&A.
Financials
- 100,167,499 Shares – Total shares owned, controlled, or agreed to be acquired by Epicsoft Asia, representing approximately 92.92% of Ban Leong's issued shares.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Epicsoft Asia Pte. Ltd. | Offeror | Company | A distributor of interactive entertainment software, a wholly-owned subsidiary of GCL Global, leading the acquisition of Ban Leong Technologies. |
| Ban Leong Technologies Limited | Target company | Company | A company engaged in consumer electronics and gaming hardware, targeted for acquisition and delisting from SGX-ST by Epicsoft Asia. |
| GCL Global Pte. Ltd. | Parent company | Company | The parent company of Epicsoft Asia, focused on the Asian gaming market. |