31 July
2024
MobilityOne
Limited
("MobilityOne", the
"Company" or the
"Group")
Update in relation to the
publication of Annual Report and Accounts
MobilityOne (AIM: MBO), the
e-commerce infrastructure payment solutions and platform provider,
provides the following update in relation to its annual report and
accounts for the year ended 31 December 2023 ("FY 2023").
On 27 June 2024 the Company
announced, amongst other matters, that the preparation of the
Company's financial statements for FY 2023 has been ongoing and
that the Company expects the accounts to be published by the end of
July 2024. While the Company has made substantial progress in
relation to the preparation of its financial statements for FY 2023
and is nearing completion of the audit process, the finalisation of
the audited accounts remains ongoing. In particular, further work
is needed to be completed in connection with the audit of the
Company's 49% interest in Sincere Acres Sdn Bhd, which will be held
as an associated company on the Group's balance sheet.
Accordingly, the Company now
anticipates publishing its FY 2023 accounts in August
2024.
The Company's ordinary shares remain
suspended pending publication of the audited FY 2023 annual
accounts.
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, 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
