Epicsoft Eyes Full Control: Moves to Acquire Remaining Stakes in Ban Leong Technologies
Deal News | Jun 12, 2025 | EIN
GCL Global Holdings Ltd., a key player in gaming and entertainment sectors, has announced its subsidiary Epicsoft Asia Pte. Ltd.'s decision to exercise a right of compulsory acquisition for all shares of Ban Leong Technologies Limited, after securing over 92% of the shares. As a result, Ban Leong will be delisted from the Singapore Stock Exchange. GCL anticipates this acquisition will yield synergies through economies of scale and new revenue streams while enhancing its brand positioning. Future strategies include aligning marketing and procurement efforts in the consumer electronics and gaming hardware sectors, and exploring B2C opportunities. The acquisition reflects GCL's broader strategy of integrating Ban Leong within its gaming ecosystem, leveraging Ban Leong’s market relationships and distribution infrastructure across Asia.
Sectors
- Gaming and Entertainment
- Consumer Electronics
Geography
- Singapore – Ban Leong Technologies is headquartered in Singapore, and the transaction will result in its delisting from the Singapore Stock Exchange.
- Asia – Epicsoft Asia and GCL's strategies are focused on Asia, where they aim to leverage distribution channels and market relationships.
Industry
- Gaming and Entertainment – GCL Global Holdings Ltd. operates within the gaming and entertainment sectors, focusing on offering digital and physical content across various platforms.
- Consumer Electronics – Ban Leong Technologies operates in the consumer electronics sector, distributing IT accessories and gaming products, which is central to the merger's strategy focus.
Financials
- Over 100,167,499 shares representing approximately 92.92% – The number of shares owned, controlled, or agreed to be acquired by Epicsoft Asia in Ban Leong Technologies, triggering the right for compulsory acquisition.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| GCL Global Holdings Ltd. | Parent Company | Company | A leading provider of games and entertainment, owning the Offeror (Epicsoft Asia Pte. Ltd.) that intends to acquire Ban Leong Technologies. |
| Epicsoft Asia Pte. Ltd. | Offeror/Subsidiary | Company | A premier distributor of interactive entertainment software, responsible for executing the compulsory acquisition of Ban Leong Technologies. |
| Ban Leong Technologies Limited | Target | Company | A Singapore-based wholesale and distributor of computer peripherals and technology products, subject to acquisition and delisting. |