Xelpmoc Design & Tech’s board has considered and approved the proposal of acquisition of 64% stake of GOFX Platform Technologies (GPTPL), a company incorporated and domiciled in the Republic of Singapore, at par, thereby resulting in the entity becoming a Subsidiary of the Company.
In coming together with Xelpmoc and becoming a majority owned subsidiary of Xelpmoc, GPTPL will leverage the technology strength of Xelpmoc to ideate and build scalable solutions, while it will drive global market reach and growth for Xelpmoc. Its strategic position in Singapore only adds weight to that global growth ambitions of Xelpmoc. Transaction is expected to be completed by end of March, 2022.
Xelpmoc Design & Tech is a provider of professional and technical consulting services, offering technology services and end-to-end technology solutions and support.
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