One 97 Communications Ltd Completes Sale of Stock Acquisition Rights in PayPay Corporation, Japan

One 97 Communications Ltd has announced the completion of the sale of Stock Acquisition Rights held by One97 Communications Singapore Private Limited in PayPay Corporation, Japan. This announcement comes after the company's letter dated December 7, 2024, where it informed about the sale, subject to certain conditions. These conditions include the satisfactory completion of all corporate approvals, execution of transaction documents, and customary closing conditions. The transaction was completed on December 13, 2024.